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I just need you to solve number 3.4 the one with the Circle tion IM 3.3(a) Specify and explain the factors to be considered in
I just need you to solve number 3.4 the one with the Circle
tion IM 3.3(a) Specify and explain the factors to be considered in determining whether to uti- lizera single factory-wide recovery rate for all production overheads or a sepa rate rate for each cost centre, production or service departiment(12 marks) b) Describe three methods of determining fixed overhead recovery rates an specily the circumstances undet which each method is superior to the other (8 marks) Total 20 marks) ACCA P2 Management Accounting nediate methods mentioned lon IM3.4 A company makes a range of products with total budgeted manufacturing over- heads of 8973 560 incurred in three production departments (A, B and C) and one ate ead is sevice departnrient. Department A has 10 direct employees, who each work 37 hours per week ation of Department B has fve machines each or which is operated for 24 hours ad rate and per week ed chareed it of output period The company will operate for 48 weks in the budget period. Budgeted overheads ineurred directily by each department are Production demarimient Productim department Produationt departmant Service department mae oned to departnents as folos Production department A vice dpatwenStep by Step Solution
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