Question
10a) Using the direct method, allocate the budgeted costs of the support departments and calculate the total overhead cost for each production department. Note: Please
10a)
Using the direct method, allocate the budgeted costs of the support departments and calculate the total overhead cost for each production department. Note: Please calculate to 2 decimal places.
10b)
Calculate the departmental overhead rates for the Moulding Department (based on machine hours) and the Assembly Department (based on direct labour hours). Note: Please calculate to 2 decimal places.
10c)
Calculate the unit cost of Component Z, which consumes 3 hours in the Moulding Department and 6 hours in the Assembly Department. Note: Please calculate to 2 decimal places.
utilises 40,000 direct labour hours annually. The prime costs for component Z is $80. The company collated the following information: The management accountant has also provided the budgeted costs for each department as follows: utilises 40,000 direct labour hours annually. The prime costs for component Z is $80. The company collated the following information: The management accountant has also provided the budgeted costs for each department as follows
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