1 .		What was the absorption rate per machine hour?
2 .		What was the amount of over- or underabsorbed overhead for the year?
3 .		Which of the following is the correct definition of normal volume?
4 .		DMF Ltd manufactures smoke detectors and the following information is available for Model DMF/04: Per unit Total direct cost £ 5   Selling price £15   Machine hours: Production 0.5   Direct labour hours: Inspection & Packing 0.1 The following absorption rates are in use by the company:   Production: £4 per machine hour   Inspection & Packing: £10 per direct labour hour   Selling & distribution: 20% of sales value What will be the cost per unit of Model DMF/04 for stock valuation purposes in the company's published accounts (subject to SSAP 9)?
5 .		A company absorbs overheads on machine hours. In a period, actual machine hours were 17 285, actual overheads were £496 500 and there was under-absorption of £12 520. What was the budgeted level of overheads?
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