Cleanexstar provides a cleaning service for small offices. Cleanexstar calculates a predetermined overheads rate based on total direct labour hours. The budgeted overhead cost for Cleanexstar is RM520,000. The following related information is provided for direct labour hours. Estimated hour per worker 2,000 Number of worker 25 i) Total direct labour hours ii) Predetermined overhead rate
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Cleanexstar provides a cleaning service for small offices. Cleanexstar calculates a predetermined
Estimated hour per worker 2,000
Number of worker 25
i) Total direct labour hours
ii) Predetermined overhead rate
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