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Questio MaMkhize Limited uses a job costing system. Overheads vary on the basis of direct labour cost. The following information is available: Three jobs
Questio MaMkhize Limited uses a job costing system. Overheads vary on the basis of direct labour cost. The following information is available: Three jobs were worked on during the month, the details were as follows: Not yet Marked Flag o Job 1 Job 2 Job 3 R R R Opening work-in-process 8 500 0 46 000 Materials 17 150 29 025 0 Labour 12 500 23 000 4 500 The budgeted overheads for the month amounted to R140 000. Jobs 1 and 2 were the only incomplete jobs. The predetermined total overhead rate is closest to: Select one:
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