The following information relates to the activities of a production department for a certain period in a
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The following information relates to the activities of a production department for a certain period in a factor:
On one order carried out in the department during the period, the relevant data collected were as follows:
You are required to prepare a comparative statement of cost of this order by using the following three methods of recovery of overheads:
(a) Direct labour-hour-rate method
(b) Direct labour-cost-rate method
(c) Machine-hour-rate method.
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