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Please help me provide correct answer i will give good rating Bintang Sdn Bhd is producing X in its factory in Port Dickson. Bintang Sdn
Please help me provide correct answer i will give good rating
Bintang Sdn Bhd is producing X in its factory in Port Dickson. Bintang Sdn Bhd is developing a cost accounting system and decided to create two production departments, the machining and finishing department and the canteen served as an internal service department. The machining department bases its rate on machine hours and the Finishing department bases its rate on direct labour hours. The following details have been estimated for the next period. Additional information: The service department overhead cost is re-apportioned as follows: - Canteen 80% for the machining department, 20% for the finishing department. Required: a) Prepare an overhead analysis sheet. b) Calculate the overhead rates assuming the machining department uses machine hours and the finishing department uses direct labour hours. c) Based on the following information relates to the making of a unit of product X, calculate the production cost for product X. \begin{tabular}{|l|l|} \hline & Product X \\ \hline Direct material cost & RM200 \\ \hline Direct labour cost: & \\ \hline Machining department & RM100 \\ \hline Finishing department & RM80 \\ \hline Machine hour & 5 hours \\ \hline Direct labour hour & 12 hours \\ \hline \end{tabular}Step by Step Solution
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