Cost Accounting Question

Note: Answer shouls be in typed words. not in picture

(e) Two pieces of furniture are to be manufactured for customers. Direct costs are as follows: Job AB $154 Job CD $108 Direct material Direct labour: Department A ($3.80 per hour) 20 hours 16 hours Page 8 Department B ($3.50 per hour) Department C ($3.40 per hour) 12 hours 10 hours 10 hours 14 hours (1) Calculate the total costs of each job. (5 marks) (ii) If the firm quotes prices to customers that reflect a required profit of 25% on selling price, calculate the quoted selling price for each job. (2 marks)