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12. Use this information to answer question 12 to question 19. following information is extracted from the books of Soko Ltd Cost Pools Machine set
12. Use this information to answer question 12 to question 19. following information is extracted from the books of Soko Ltd Cost Pools Machine set up Materials handling Electric power Activity Cost Shs. 360,000 Shs. 100,000 Shs. 40,000 Cost Driver 6,000 set up hours 50,000 pounds of material 80,000 watt hours The following information pertains to the production of product A and product B: Item Number of units produced Direct materials cost Direct labour cost Number of set up hours Pounds of material used Kilo watt hours Product A 5,000 Shs. 25,000 Shs. 14,000 120 5,000 2,000 Product B 15,000 Shs. 33,000 Shs. 16,000 150 10,000 3,000 Calculate the cost driver rate for electric power A Shs 2.00 per kilowatt hour B. Shs. 0.5 per kilowatt hour C. Shs. 50 per kilowatt hour D. Shs. 10 per kilowatt hour Calculate the cost driver rate for material handling: A Shs. 2 per pound B. Shs. 2 per material C. Shs. 0.50 per pound D. None of the above Calculate the prime cost for product B. A Shs. 59.000 B. Shs. 55.000 C. Shs. 79.000 D. Shs. 49.000 Calculate the total manufacturing cost for product A Paragraph Style Calculate the total machine set up cost chargeable to product A A Shs 10,000 B. Shs. 7,200 C Shs. 25,000 D. Shs. 39,000 Calculate electric power chargeable to product B: A Shs. 1.500 B. Shs. 6.000 C. Shs. 20.000 D. Shs. 7.500 3. Calculate unit cost of Product A A Shs. 11.00 B. Shs. 11.40 C. Shs. 7.80 D. None of the above 2. Calculate the total overheads for product B: A Shs. 49.000 B. Shs. 79.000 C. Shs. 30.500
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