Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please can you help me answer all 3 they are linked up QUESTION 3 [15 MARKS] Study the information provided below and answer the following

image text in transcribed

please can you help me answer all 3 they are linked up

QUESTION 3 [15 MARKS] Study the information provided below and answer the following questions. INFORMATION Zidron Enterprises has 3 production gentres (Machine gente. A, Machine gentre B and an Assembly gentre). It also has two (2) service gentres (Materials procurement and General manufaduring support). Trital materials iseups /hnth dirent and indirenti in the nrodurtion nantres are as follous: Secondary allocation: The value of materials issued is used as a basis for the materials procurement cost centre. The dired labouch hours is used as the basis for the general manufacturing support cost centre. Produd X is produced in batches of 100 . Each unit spends 5 hours in the Machine centre A, 10 hours in Machine centre B and 10 hours in the Assembly gentre. Required: 3.1 Using the traditional costing approach, prepare an overhead allocation statement. (8) 3.2 Calculate the allocation rate for each of the production centres, based on machine hours for Machine oentres A and B and direct labouc hours for assembly. (3) 3.3 Using the allocation rates calculated in 3.2, calculate the owerheads applied to each batch of Produd X

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_2

Step: 3

blur-text-image_3

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

A Study In Public Finance

Authors: A. C. Pigou

1st Edition

1443722766, 978-1443722766

More Books

Students also viewed these Finance questions