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I need help on part (f) Budgeted Direct material cost K1,200,000 Budgeted Direct labour Budgeted total fixed factory overhead K600,000 K900,000 Budgeted Number of units
I need help on part (f)
Budgeted Direct material cost K1,200,000 Budgeted Direct labour Budgeted total fixed factory overhead K600,000 K900,000 Budgeted Number of units to be produced and sold 30,000 Budgeted Direct labour hours 60,000 Budgeted Machine hours 100,000 Required: d) Explain the difference between absorption costing and marginal costing [5 marks) e) Calculate the overhead absorption rates for the assembling department using each of t following methods: vi. Direct material cost vi. Direct labour cost vii. Prime cost ix. Direct labour hours Machine hours. X. (10 marks) 1) If the budgeted selling price per unit is K200.00, prepare the budged statemen comprehensive income for the year ending 31st December 2015 using: (15 marks) ii. Marginal costing (5 marks) Absorption costing using direct labour hours absorption rate iv. (Total: 25 marks)Step by Step Solution
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