Engineering Products PLC produces Product GH1, which incurs costs of 150 for direct materials and 75 for
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Engineering Products PLC produces Product GH1, which incurs costs of £150 for direct materials and £75 for direct labour. The company has estimated its production overhead and direct labour hours for a period as:
Product GH1 is produced using 10 hours in Dept A, 12 hours in Dept B and 5 hours in Dept C.
Calculate the total cost of each GH1 using:
• aplant-wide overhead recovery rate;
• cost centre overhead recovery rates.
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Related Book For
Accounting For Managers Interpreting Accounting Information For Decision Making
ISBN: 9780470016091
2nd Edition
Authors: Paul M. Collier
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