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I have started subscribing from an App yesterday. but out of 3 questions I sent yesterday, I didn't get an answer. Please assist me with

I have started subscribing from an App yesterday. but out of 3 questions I sent yesterday, I didn't get an answer. Please assist me with this question, but however I have concern about the yesterday's questions

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Question 2 Job costing (50 marks) Nomfundo Designs & Co. is a company that specializes in custom-made jewellery with three outlets in the Durban metropolis. As part of the company strategy, customers are provided with a selection of methods to place an order through its direct retail website, one of the stores ar via telephone to its call centre located in the CBD. A completed customised piece is a combination of both direct costs materials and labour costs) and Indirect costs (equipment maintenance, postage fees, website hosting lees, electricity, rent, salaries, insurance, telephone cost office computers, and processing fees). The company uses a predetermined overhead rate to apply overhead to jobs, and the company employs a job order costing system. Overhead is applied to jobs in the Design Department based on the number of machine hours used, whereas Assembling Department overhead is applied on the basis of units produced, A total of 1 400 units was produced. In December 2009, the company estimated the following data for its two departments for 2010 Design Department Assembling Department Direct labour hours 1 000 3 500 Machine hours 7500 1 500 Budgeted overhead cost R60 000 RSU 000 Job no 116 was started and completed during March 2010, and a total of 480 units were completed and sold at R125 per unit. The job cost sheet shows direct material at RS 800, direct labour at R60 per labour hour, 12 labour hours and 80 machine hours Page 7 In the Design Dept. While the Assembling Dept consists of R700 direct material, R525 direct labour cost, 60 direct labour hours and 22 machine hours. Required: a. What are the typical overheads that would be considered before the job commence? (1) b. Which costs of Nomiundo Design Co are fined variable or mixed costs? Your answer should be in a tabular format with the fixed, variable and mixed costs listed in separate columns (10) c. What methods can be used to separate mixed costs into fixed cost and variable costs? (3) d. Calculate the predetermined overhead rate that should be used in each department of Nomfundo's Company e. Calculate the overhead applied to Job no116 for each department and the total cost for each department (10) t. Calculate the profit or loss for Job 116. 16) 9. the company had calculated a plant-wide rate for overhead rather than departmental rates, would the rate be indicative of the actual overhead cost of each job? Explain 12) Question 2 Job costing (50 marks) Nomfundo Designs & Co. is a company that specializes in custom-made jewellery with three outlets in the Durban metropolis. As part of the company strategy, customers are provided with a selection of methods to place an order through its direct retail website, one of the stores ar via telephone to its call centre located in the CBD. A completed customised piece is a combination of both direct costs materials and labour costs) and Indirect costs (equipment maintenance, postage fees, website hosting lees, electricity, rent, salaries, insurance, telephone cost office computers, and processing fees). The company uses a predetermined overhead rate to apply overhead to jobs, and the company employs a job order costing system. Overhead is applied to jobs in the Design Department based on the number of machine hours used, whereas Assembling Department overhead is applied on the basis of units produced, A total of 1 400 units was produced. In December 2009, the company estimated the following data for its two departments for 2010 Design Department Assembling Department Direct labour hours 1 000 3 500 Machine hours 7500 1 500 Budgeted overhead cost R60 000 RSU 000 Job no 116 was started and completed during March 2010, and a total of 480 units were completed and sold at R125 per unit. The job cost sheet shows direct material at RS 800, direct labour at R60 per labour hour, 12 labour hours and 80 machine hours Page 7 In the Design Dept. While the Assembling Dept consists of R700 direct material, R525 direct labour cost, 60 direct labour hours and 22 machine hours. Required: a. What are the typical overheads that would be considered before the job commence? (1) b. Which costs of Nomiundo Design Co are fined variable or mixed costs? Your answer should be in a tabular format with the fixed, variable and mixed costs listed in separate columns (10) c. What methods can be used to separate mixed costs into fixed cost and variable costs? (3) d. Calculate the predetermined overhead rate that should be used in each department of Nomfundo's Company e. Calculate the overhead applied to Job no116 for each department and the total cost for each department (10) t. Calculate the profit or loss for Job 116. 16) 9. the company had calculated a plant-wide rate for overhead rather than departmental rates, would the rate be indicative of the actual overhead cost of each job? Explain 12)

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