Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help with questions a,b,c,d,e,f 2. TPL Remote Ltd is a local manufacturer of two specific remote controls - TV remote controls and Radio

I need help with questions a,b,c,d,e,f

image text in transcribed

image text in transcribed

2. TPL Remote Ltd is a local manufacturer of two specific remote controls - TV remote controls and Radio remote controls. The following details illustrate the total production cost in June 2021. 2 Direct Material Cost Direct Labour Hours (per Unit) Direct Labour Cost (per Unit) Manufacturing and other general overhead costs Manufacturing and other general overhead costs 3 a) Calculate the direct material cost to manufacture 1,000 units of TV remote controls (20 marks) b) Calculate the direct labour cost to manufacture 1,000 units of TV remote controls (20 marks) c) Calculate the total manufacturing overhead cost in the month of June 2021 (10 marks) d) Referring to the manufacturing overhead cost pool: (i) Calculate the manufacturing overhead cost per unit (10 marks) (ii) Calculate the manufacturing overhead cost per direct latour hour (10 marks) e) Calculate the total cost to manufacture 1,000 units of TV remote controls (i) Considering number of units as the Overhead Cost Drive to manufacture. (15 marks) (ii) Considering labour hours as the Overhead Cost Drive to nanufacture. (15 marks) 2. TPL Remote Ltd is a local manufacturer of two specific remote controls - TV remote controls and Radio remote controls. The following details illustrate the total production cost in June 2021. 2 Direct Material Cost Direct Labour Hours (per Unit) Direct Labour Cost (per Unit) Manufacturing and other general overhead costs Manufacturing and other general overhead costs 3 a) Calculate the direct material cost to manufacture 1,000 units of TV remote controls (20 marks) b) Calculate the direct labour cost to manufacture 1,000 units of TV remote controls (20 marks) c) Calculate the total manufacturing overhead cost in the month of June 2021 (10 marks) d) Referring to the manufacturing overhead cost pool: (i) Calculate the manufacturing overhead cost per unit (10 marks) (ii) Calculate the manufacturing overhead cost per direct latour hour (10 marks) e) Calculate the total cost to manufacture 1,000 units of TV remote controls (i) Considering number of units as the Overhead Cost Drive to manufacture. (15 marks) (ii) Considering labour hours as the Overhead Cost Drive to nanufacture. (15 marks)

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

Step: 3

blur-text-image

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

Handbook On Energy Audit And Environment Management

Authors: Y.P. Abbi, Shashank Jain

1st Edition

8179930920, 978-8179930922

More Books

Students also viewed these Accounting questions