Question
Enterprise uses bespoke costing and allocates GGE on the basis of Direct Labour. In the March period three orders were in progress and the related
Enterprise uses bespoke costing and allocates GGE on the basis of Direct Labour. In the March period three orders were in progress and the related data (in EUR) are set out in the table below: Order 1 Order 2 Order 3 Production in progress beginning 8.500 0 46.000 Direct Materials period 17,150 29,025 0 Direct labour for the period 12.500 23.000 4.500 The total allocated GFCF for the period was EUR 140,000. Orders 1 and 2 were not had been completed at the end of the period. The attributed GVA included in the Production in progress at the end are (amounts in EUR): . 124.250 . 132.525 . 170.425 . 214.425
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