Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2C. BENMAYER Enterprise produces liquid and compound fertilizers. The following is the manufacturing costs related to 1,000 bottles of liquid fertilizers and 150 packs of

image text in transcribed

2C. BENMAYER Enterprise produces liquid and compound fertilizers. The following is the manufacturing costs related to 1,000 bottles of liquid fertilizers and 150 packs of compound fertilizers produced during the month of June 2019. Types of cost Liquid fertilizers Compound fertilizers Direct materials RM50,000 RM60,000 Direct labour RM10,000 RM5,000 Direct labour 1,000 hours 500 hours The estimated monthly overhead cost is RM30,000 and the business uses plantwide qverhead rate based on direct labour hours in allocating the overhead cost. Required: (a) Calculate the predetermined plantwide overhead rate. (3 marks) (b) Calculate the applied overhead costs of each product (4 marks) (c) Calculate the total manufacturing cost of each product. (4 marks) 7 A B I Answer for question 2C

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Transformation Regulation Digitalisation And Sustainability

Authors: Jan Marton, Fredrik Nilsson, Peter Öhman

1st Edition

103253303X, 978-1032533032

More Books

Students also viewed these Accounting questions

Question

In Problems find the value of each factorial. 1!

Answered: 1 week ago