Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 3: Abdur Rahman has received an order from the neighbor land of Fun SUAND Company for the sea dairy product he makes. Fiji Island

image text in transcribed

Question 3: Abdur Rahman has received an order from the neighbor land of Fun SUAND Company for the sea dairy product he makes. Fiji Island Co asked for 5,000 units of the dairy products To make the product, Abdur Rahman needs 55 of direct materials per unit, 15 Minutes to make one without payment is $12. For the purpose of calculating overhead, the company has estimated 30.000 direct laborou would be needed this year. Estimated fixed manufacturing overhead $150,000 and variable manufacture overhead is $4 per hour. During the season, the actual manufacturing overhead of Abdur Rahman Company w $250,000 with total 32,000 direct labor. Required: 3a). Determine the product costs per unit also total product cost for the order of Fiy company 6.Marks 36). Why companies use predetermined overhead costs rather than actual manufacturing overhead costs to apply overhead to jobs. [4 Marks ]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Internal Auditing Pocket Guide

Authors: J. P. Russell

1st Edition

0873895606, 978-0873895606

More Books

Students also viewed these Accounting questions