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need the answer as fast as possible The budgeted data of the factory are shown below: Cutting ASSOMDIy Finishing Personnel Maintenance Floor Space (square metres)
need the answer as fast as possible
The budgeted data of the factory are shown below: Cutting ASSOMDIy Finishing Personnel Maintenance Floor Space (square metres) 240,000 300,000 180,000 120.000 60.000 Machine hours 100.000 90,000 60,000 Number of testing 5,000 4,000 1,000 90 80 30 20 30 Number of employees Maintenance hours 200 300 100 Required: (a) Prepare the factory overhead departmental budget. (10.5 Marks) (b) Apportion the factory overhead costs from the two service departments to the other departments using the direct method. The apportionment is made based on the following basis. (1) Personnel: Number of employees (10) Maintenance: Maintenance hours (3 marks) (c) Compute the factory overhead application rates for the three production departments using Machine hours as the cost driver. (3 marks) (d) Compute the factory wide overhead application rates using Machine hours as the cost driver. (1.5 Marks) 2. Pavitra Medic is a face mask manufacturer with three production departments which are cutting, assembly, and finishing. It also has two service departments, which are personnel and maintenance. The following are the factory overhead cost for the current month. RM RM 250,000 180,000 120,000 70,000 80,000 700,000 Indirect material Cutting Assembly Finishing Personnel Maintenance Indirect labour Cutting Assembly Finishing Personnel Maintenance Cleaning Electricity Quality control Total overhead cost 160.000 140,000 60,000 50,000 60,000 470,000 120,000 150,000 200,000 1.640,000 The remaining factory overhead costs are apportioned to the departments based on the following cost drivers: Factory overhead costs Cleaning Electricity Quality control Cost drivers Floor space Machine hours Number of testing
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