MM Ltd. has three production departments X, Y, Z and two service departments S and C. The
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MM Ltd. has three production departments X, Y, Z and two service departments S and C. The following details are extracted from the books of accounts in respect of indirect expenses incurred during April 2005:
The costs of the service departments are apportioned percentagewise as follows:
Calculate:
(a). Overhead Recovery Rates showing the basis of apportionment.
(b). Total cost of job 321 (with elementwise and department wise cost break down), the job card of which contain the following details:
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