Glock, SA, Is Looking for Feedback on Performance Budgeted Fixed Overhead for 2011

question 29

Essay

Glock, SA., is looking for feedback on performance. The company compares the budget for the year with the actual costs.
Glock had the following budgeted data: Budgeted variable costs per unit:
$\begin{array}{lr}\text { Direct materials } & £ 11.00 \\\text { Direct labour } & 15.00 \\\text { Supplies } & 0.80 \\\text { Indirect labour } & 1.00 \\\text { Power } & 0.10\end{array}$
Budgeted fixed overhead for 2011 :
$\begin{array}{lr}\text { Supervision } & £ 9,000 \\\text { Depreciation } & 13,000 \\\text { Rent } & 12,000\end{array}$

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