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6. The following information relates to the assembly department of a manufacturing company. for the financial year ending April 2015. Direct material cost incurred Direct
6. The following information relates to the assembly department of a manufacturing company. for the financial year ending April 2015. Direct material cost incurred Direct labour incurred Total factory overhead incurred Total 400000 200000 800000 Number of units produced Direct labour hours worked Machine hours used 50000 50000 80000 Calculate the overhead absorption rates for the assembly department using five different absorption methods. Explain how these absorption rates can be used to calculate the total cost of the products produced in the department. Give numerical examples
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