Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need to be able to copy answer so paste into answer box ty. QUESTION THURON LTD HURON Ltd makes shoes in two renges such as

image text in transcribed

need to be able to copy answer so paste into answer box ty.

QUESTION THURON LTD HURON Ltd makes shoes in two renges such as Besic and Super Information relating to each of these products is set out below: Basic Super Selling price per unit 2180 9250 Material Cost per unit 220 980 Labout time per unit 4 4 Labour rate per hour 215 Number of Units Produced Cech Year 2.000 3,000 Cost Drivers Number of Quality inspections 8 350 Number of Sales invoices issued each year 180 Number of batches per total production 40 Mechine Hours tore! soo 5.400 The Director of Huron Ltches produced the following analysis of total overheads per year and their relevant cost drivers Cost Pool Cost Drivers Quality Inspection 140,000 Number of unity inspections Se es invoicing Number of Sales Invoices issued each 80,000 year Material Mending Other Overheads Number of batches per total production 60,000 120,000 Mechire Mours total 400,000 Required Calculete full cost per unit and profit per unit for each product using - Traditional full cost method of overheed ebsorption besed on direct lebour hours (15 marks) - Activity-based costing ABC) method. (20 marks) (Total: 35 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

Mastering Accounting Skills

Authors: Margaret Nicholson

3rd Edition

1403992703, 978-1403992703

More Books

Students also viewed these Accounting questions