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Question 2 QB Limited is a manufacturer of plastic sheeting. It manufacturers only to customers' specific requests and does not carry any stock of ready
Question 2 QB Limited is a manufacturer of plastic sheeting. It manufacturers only to customers' specific requests and does not carry any stock of ready made' sheeting. The only stocks it does hold in its storeroom are raw materials from which the sheeting is produced The company has two production departments: cutting and finishing. It also has two service departments: the stores and the canteen. The production departments and the stores and the canteen are located within a single building. The information provided below has been extracted from the company's budget for the next financial year, which ends on 30 June 20X9. overhead budget for the year ended 30 June 20X9 220,000 Factory rent (including storeroom and canteen) Factory premises insurance (including storeroom and canteen) 11,000 Sundry expenses cutting department 8,540 Sundry expenses finishing department 4,150 Machinery insurance 3,900 Depreciation of factory plant and machinery 24,000 Finishing department materials 10,000
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