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Crafted Glft Solutions Limited ( CGSL ) manufactures a varlety of exclusive glfts for children. CGSL purchases all the components ( direct materlals ) but
Crafted Glft Solutions Limited CGSL manufactures a varlety of exclusive glfts for children. CGSL purchases all the components direct
materlals but assembles and finishes the gifts in two departments: assembly and finishing. Assembly Is a labourIntensive process,
whereas finishing Is machine intensive. For CGSL has developed the following estimates:
During January It recelved and started processing orders for three different glft Itemstrain set, Hot Wheels truck and excavator
whose detalls are as follows:
Assume the direct labour rate during January was the same as estimated at the beginning of the year. DurIng the month, CGSL
completed the entire order for both the Hot Wheels truck and excavator, but was able to bulld only of the units required to
complete the order for the train set. The assembly department Incurred overhead amounting to $ during the month, whereas
the finishing department Incurred $
Requlred:
Compute the prime costs Incurred by each job during the month.
Compute the amount of overhead that would have been applied to the jobs during the month in the assembly and finishing
departments. Round "Predetermined overhead allocatlon rate" to decimal places.
Answer is not complete. PLZZ FASTT
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