From the following data prepare the Standard Cost Card for one unit of the sole product manufactured The budgeted total overheads for year The fixed overheads (included in the above figures) are 25,000 and 48,000 respectively The standard cost card should show sub totals for a Prime cost b Variable...

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From the following data prepare the Standard Cost Card for one unit of the sole product manufactured.

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From the following data prepare the Standard Cost Card for one unit of the sole product manufactured.

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The budgeted total overheads for year:

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The fixed overheads (included in the above figures) are £25,000 and £48,000 respectively.
The standard cost card should show sub totals for:

a. Prime cost

b. Variable production cost

c. Total production cost

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Costing

ISBN: 9780134789705

6th Edition

Authors: Terry Lucey

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Question Posted: May 21, 2024 07:01 AM

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From the following data prepare the Standard Cost Card for one unit of the sole product manufactured.

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20Kgs 'A' @ 0.80 per Kg 15Kgs 'B' @ 2.49 per Kg Direct Labour: Preparation 14 hours at 3. 75 per hour Assembly 5 hours at 2.50 per hour

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Costing

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