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a) Cemerlang Manufacturing Company is the producer of food products. The following prime costs are for the Job No.801: Material (direct) Labour (direct) : 45kg
a) Cemerlang Manufacturing Company is the producer of food products. The following prime costs are for the Job No.801: Material (direct) Labour (direct) : 45kg at RM7 per kg : Department A - 20 hours at RM1.80 per hour : Department B - 35 hours at RM1.90 per hour Budgeted overhead for the year, based on normal capacity, is as follows: Variable Overhead : Department A - RM4,500 for 9,000 direct labour Hours : Department B - RM12,500 for 10,000 direct labour Hours : Total budgeted direct labour hour for whole factory 28,000 Fixed Overhead : Total budgeted expenditure RM32,600 You are required to: i. Calculate the cost of Job No.801 ii. Estimate the percentage of profit obtained if the price quoted to the customer was RM800
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