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A job requires 70 kilograms of materials, 7 direct labour hours and overheads are allocated at 2 per direct labour hour. Materials cost 5 per

A job requires 70 kilograms of materials, 7 direct labour hours and overheads are allocated at £2 per direct labour hour. Materials cost £5 per kilogram and direct labour costs are £12 per hour.

What is the relevant cost of this job for decision-making purposes (labour costs are not avoidable)?

  1. £350

  2. No answer is correct

  3. £448

  4. £364

  5. £434

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