Hi,
I have only started learning about accounting not long ago, so I'd like some help please. I have worked out the overhead recovery rate to be £1.75 since the total DLH is 600000. However I am unsure about the next step since I don't really get the concept of batch costing. The answer states that the rate of the batch and total number of batch is worked out but what do they do? What does the rate of batch tell us?
Many thanks.
I have only started learning about accounting not long ago, so I'd like some help please. I have worked out the overhead recovery rate to be £1.75 since the total DLH is 600000. However I am unsure about the next step since I don't really get the concept of batch costing. The answer states that the rate of the batch and total number of batch is worked out but what do they do? What does the rate of batch tell us?
Many thanks.
