Intermediate A firm makes special assemblies to customers’ orders and uses job costing. The data for a period are:

(i) What overhead should be added to job number CC20 for the period?
A £24 600 B £65 157 C £72 761 D £126 000 (ii) Job no. BB15 was completed and delivered during the period and the firm wishes to earn 33|% profit on sales.
What is the selling price of job number BB15?
A £69435 B £75 521 C £84 963 D £138 870 (iii) What was the approximate value of closing work in progress at the end of the period?
A £58 575 B £101675 C £147 965 D £217323

Transcribed Image Text:

Job no. AA10 Job no. BB15 Job no. CC20 () () () Opening WIP 26 800 42 790 Material added in 17275 18 500 period Labour for period 14500 3.500 24 600 The budgeted overheads for the period were 126 000.