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Question 3 A). Mako Metals Ltd is a family company that specialises in the production of metallic pices. All jobs must go through its
Question 3 A). Mako Metals Ltd is a family company that specialises in the production of metallic pices. All jobs must go through its three production departments, that is Assembling, Welding and Spraying Data for the year ended 30 May, 2022 is provided below Budgeted Information Assembling Welding Spraying Overhead cost (GHS) 82000 106250 82.000 Machine Hours 5250 8500 Direct labour hours 8200 Actual Costs reported for all jobs during the year are as follows: Assembling Welding Spraying Direct Labour Hours 98,000 21,000 20,000 Machine Hour 1:1,000 32,000 15000 Direct Material Cost $48.000 78.000 80,000 Direct Labour Cost 748,000 168,000 $150,000 Overhead Cost $247,500 175.000 178.000 The company received an order from Mr. Owuraku, a customer. The following information relates to JOB B145 for Mr. Owuraku Direct materials: From stores Bought-in Direct labour: GH 28.500 20,600 Assembling Welding Spraying 380 hours @GH7/hr 550 hours @ GH6.5/hr 1200 hours @GH6/hr 3
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