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Questions 1 Faith Sandrine Lid has three production departments, X,Y, and Z, and two service departments, Stores and General Services. For the forthooming period, the
Questions 1 Faith Sandrine Lid has three production departments, X,Y, and Z, and two service departments, Stores and General Services. For the forthooming period, the tatal buxigelert owerhead costs are as follows The follewing information is also avalable: The cemparry absorts lis producfion overhead by using latour rates. Required (a) Prepare an overhead analysis for the forthcoming period, showing dearly the bases of apporticnments. (work to the nearest \$) (9 marks) (b) Calculate the direct labour rate for overhead abscrption for each of the three production departments (work to hhe nearest \$\$) (6 marks) (c) State the alternattue methods di re-apportioning overheads (3 marks) (d) The company has been asked to quote a selng price for a job, the specifications of which are: The compeny requires a prott of 20% of the selling price on this job You are rezuires to calculate the selling price for the jod based cn the above information and the overhead rates calculatod in (b) above. (7 marks)
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