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Answer ALL questions in this paper. QUESTICN 1 REQUIRED 1.1 Prepare the overhead allocafon statement (using tradfional costing). 12 Calculate the alocafion rate (expressed to
Answer ALL questions in this paper. QUESTICN 1 REQUIRED 1.1 Prepare the overhead allocafon statement (using tradfional costing). 12 Calculate the alocafion rate (expressed to the nearest cent) for each of the producfion centres, based on machine hours for Machine centres A and B and drect labour hours for Assembly. 1.3 Calculate the ovenesds applied to each batch of he product. [100 MAFKS] (20 Narks) (14 marks) (3 marks) ( 3 marks) INFORMATION Perth Limited has thee producion centres (Machine Cente A, Machine Centre B and an Assembly Centre) and two service centes (Materiak Procurement and General Manufacturing Support) The annual overhead wosts are as follows: The following information is also provided: Total materials issues (both direct and indirect) to the production centres are as follows: Secondary allocation: The value of materials issued is used as a basis for the Materials Procurement poet centre. Direct labour hours is then used as fhe basis for the General Manufachuring Support cost cente. The product is produced in batches of 100 . Each unit spends 5 hours in the Mactine Centre A,10 hours in Machine Centre B and 10 hours in the Assembly Centre. Answer ALL questions in this paper. QUESTICN 1 REQUIRED 1.1 Prepare the overhead allocafon statement (using tradfional costing). 12 Calculate the alocafion rate (expressed to the nearest cent) for each of the producfion centres, based on machine hours for Machine centres A and B and drect labour hours for Assembly. 1.3 Calculate the ovenesds applied to each batch of he product. [100 MAFKS] (20 Narks) (14 marks) (3 marks) ( 3 marks) INFORMATION Perth Limited has thee producion centres (Machine Cente A, Machine Centre B and an Assembly Centre) and two service centes (Materiak Procurement and General Manufacturing Support) The annual overhead wosts are as follows: The following information is also provided: Total materials issues (both direct and indirect) to the production centres are as follows: Secondary allocation: The value of materials issued is used as a basis for the Materials Procurement poet centre. Direct labour hours is then used as fhe basis for the General Manufachuring Support cost cente. The product is produced in batches of 100 . Each unit spends 5 hours in the Mactine Centre A,10 hours in Machine Centre B and 10 hours in the Assembly Centre
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