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In July 2022, Thembi presented data in Table 3 for her cost center in budget costing: Table 3: Budget Costing Direct Material Cost Direct
In July 2022, Thembi presented data in Table 3 for her cost center in budget costing: Table 3: Budget Costing Direct Material Cost Direct Labo Cost Machine hours Units Produced Direct Labor Hours Manufacturing factory overheads R 2 32 500.00 115 000.00 200 1 000 1 200 2 30 550.00 Using the information in Table 3, calculate the absorption/applied overhead rates: 4.1 Production unit method 4.2 Labor hours method 4.3 Machine hours method 4.4 Direct material cost method 4.5 Direct labor cost method 4.6 Primary (prime) cost method (2) (2) (2) (2) (3) (3) [15]
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