Appendix 10A: Quiz Purposes Flashcards
1
Q
Total budgeted FOH costs=
A
Denominator activity x SR
2
Q
SR=
A
FOH budget costs ÷ denominator activity
3
Q
Denominator activity =(synonyms)
A
planned = budgeted = estimated
4
Q
What two activities is denominator activity used for?
A
-costing and planning purposes
5
Q
SHA =
A
Standard hour for 1 unit x actual units of output
6
Q
Denominator activity is also know as
A
budgeted activity
