Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 1 20 pts Tika Ltd has three production departments, Dept A B and C. Each job must go through all the three departments. Overheads
Question 1 20 pts Tika Ltd has three production departments, Dept A B and C. Each job must go through all the three departments. Overheads are allocated and apportioned to the departments as follows: Overheads RM Maintenance Dept A 1.000 Dept B 2.000 Dept 2.500 Rental 9,000 Depreciation 2.400 Supervision costs 4.000 Building insurance 5.500 Information for the three Departments Production Machinery hours values Floor Area Sq. No. of M Operators Dept A 10.000 hours RM12.000 500 3 Dept B 15.000 hours RM10.000 600 5 Dept 5.000 hours RM 2,000 100 2 Required: (a) Prepare an cearhead analysis theet and calculate departemental overhead absorptice rates based on production hours Calculate the Product Cost of lob 24. The additional information for job 24 is given below Direct Material RM200 Direct Labour RM115 Production hours for job 24 Dept A-10 hours Dept. 5 hours Dest - 8 hours
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started