Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Attempt complete question. Please help me with the detailed solution. Your answers should match with the answers given below the question. You'll be rated highly.

Attempt complete question. Please help me with the detailed solution. Your answers should match with the answers given below the question. You'll be rated highly.

image text in transcribed

128 60 15 29 46 13. The following is a schedule of expenses allocated to three machines A, B, C viz.: A ) B C Rent and Rates DHE 75 120 Insurance 2 4 Power 146 273 Supervision 30 Organisation (Wages of Clerks, Time-Keepers, etc.) Stores Service Tool Setters 78 129 Tool Makers 194 145 214 Oil and Sundries 7 Depreciation and Repairs 69 100 83 639607 951 In addition to this expense there was the expense of 570 for operating an overhead crane, which was cessary to bring heavy materials to the machine. The details were as follows: Power consumed by the crane 227 349 Depreciation 75 Wages of Crane Driver 5216 Oil and Sundries 45 Repairs 528 Sundry charges allocated to the 8 12 crane in use during the period represented by the above expenditure The number of hours the machines were in use was as follows: . 130 480 160 A With use of crane Without use of crane 428577 588 707 he machine-hour rate applicable to each machine, distinguishin 480 machine, distinguishing between the hours when the Calculate the machine- crane was used and to-(without use of crane) (a) R1,09; (b) 0.86; (c) 198 th use of crane): (a) *1.83; (b) 1.60; (c) 2.72] [Ans: Machine hour rate-(without Machine hour rate (wit Hent inhe A Rand All of tham no

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions