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please calculation in details. please each step of the calculation. 6. The budgeted overheads and cost driver volumes of XYZ are as follows. The company
please calculation in details. please each step of the calculation.
6. The budgeted overheads and cost driver volumes of XYZ are as follows. The company has produced a batch of 2,600 components of A.X-1S, its material cost was RM 130,000 and labour cost RM 245,000 . The usage activities of the said batch are as follows. Material orders is 26. Maintenance hours is 690 . Material movements is 18. Inspection is 28. Set ups is 25 . Machine hours 1,800 Required (a) Calculate the cost driver rates that are used for tracing appropriate amount of overheads to said batch [12 marks (b) Calculate the cost of batch of components using Activity Based Costing. [28 marks] (c) Explain how activity-based costing systems can provide more accurate product costs than traditional cost systemsStep by Step Solution
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