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Company Z has overheads of 14,000 per month. Each month 1,000 direct labours hours are worked and charged to specific jobs. Cost and time incurred
Company Z has overheads of 14,000 per month. Each month 1,000 direct labours hours are worked and charged to specific jobs.
Cost and time incurred on Job X220:
Direct materials () 4,600
Direct labour (hours) 500
Direct Labour rate is 15 per hour.
Calculate full cost for this job X220, assuming overheads are charged on direct labour hour basis.
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