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> Question 20 1 pts Hen has a single production process, for which the following costs have been estimated for the period ending 31st December

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> Question 20 1 pts Hen has a single production process, for which the following costs have been estimated for the period ending 31st December Year 7 GHC Material receipt and inspection costs 31,200 Power Costs 39,000 Material Handling costs 27,300 Hen makes three products-X, Y and Z. These products are made by the same group of employees, using power drills. The employees are paid GHC 8 per hour. The following budgeted information has been obtained for the period ending 31st December Year 7: Product Product Y Product Z Production quantity (units) 2,000 1.500 800 Quantity/Batch 200 300 53.3333 For each unit of product Direct material (meters) 5 6 2.5 4 6 40 60 8 5 Direct material cost (GHC) 3 Direct labour (minutes) 24 Number of power drill operations (per unit) Overhead costs are currently absorbed into the cost of production units using an absorption rate per direct labour hour. A factory-wide absorption rate is used for work in all the production departments. An activity-based costing investigation has revealed that the cost drivers for the overhead costs are as follows: Material receipt and inspection number of batches of material Power: number of power drill operations Material handling: quantity of material (metres) handled, Required: Calculate the material receipt and inspection cost applied to Product X in per unit. GHCO 283 GHC 0.026 GHC 0.30 GHC 5.2 Question 17 1 pts DML Ltd's cost formula is given by Y = GH450+ GH2X, where X is direct labour hours. During a period where 100 direct labour hours were used to produce 3000 units of the product, what will be the total Cost? GH3100 GH6000 GH450 GH650

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