Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Harvey and Cork Ltd produce photograph frames in batches of 500. The following labour and materials are booked to batch no 30453A: Metal: 100kg of

Harvey and Cork Ltd produce photograph frames in batches of 500. The following labour and materials are booked to batch no 30453A:

Metal: 100kg of metal @ 4.50 per kg

Paint: 2 litres of blue @ 6.80 per litre

Glass: 500 pieces ay 30c each

Direct Labour: 22 hours of A grade @ 4.80 per hour

19 hours of B grade @ 6.00 per hour

Prepare a batch costing record to show the prime cost of batch 30453A.

What is the cost per picture frame?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operational Auditing Principles And Techniques For A Changing World

Authors: Hernan Murdock

2nd Edition

1000388247, 9781000388244

More Books

Students also viewed these Accounting questions

Question

Why is transportation important to a firms supply chain operations?

Answered: 1 week ago

Question

10.3 Discuss the five steps in the performance management process.

Answered: 1 week ago