A Makers Ltd assembles computer games machines. Standard costs have been prepared as follows: The standard direct

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A Makers Ltd assembles computer games machines. Standard costs have been prepared as follows: image text in transcribed

The standard direct labour rate is $£ 5$ per hour.
During May 19X5, 5,000 Gamesmasters were sold at $£ 60$ each and 2,000 Gotchyas at $£ 110$ each.
Actual costs were incurred as follows: image text in transcribed

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ISE Business Accounting

ISBN: 9780273638407

8th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: May 30, 2024 10:03 AM

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Makers Ltd assembles computer games machines. Standard costs have been prepared as follows: The standard direct labour rate is 5 per hour. During May 2005, 5,000 Gamesmasters were sold at 60 each and...
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A Makers Ltd assembles computer games machines. Standard costs have been prepared as follows: The standard direct

Question:

Gamesmaster Gotchya Standard cost: Direct material: boards 5 10 components 20 30 Direct labour: assembly 5 5 testing 5 10 Overheads charged at 200% 20 30 55 85 Profit margin 11 15 Standard selling price 66 100

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ISE Business Accounting

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