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The data below have been extracted from the budget document of Gakpe Carpentry shop:Labour hours for the year 2 0 0 , 0 0 0
The data below have been extracted from the budget document of Gakpe Carpentry shop:Labour hours for the yearMachine hours for the yearDirect material cost for the yearGHDirect wages for the yearGHOverheads for the yearGHUnits producedYou are required to: aCalculate the following overhead absorption rates: ilabour hour rateivdirect wage percentagemachine hour rateVdirect material percentageilirate per unitVIprime cost percentagebUsing each of the overhead rates calculated in a above, calculate the cost of a cost unit which had the following details:Direct materialsGHDirect wagesGHDirect labour hours Machine hours
The data below have been extracted from the budget document of Gakpe Carpentry shop:Labour hours for the yearMachine hours for the yearDirect material cost for the yearGHDirect wages for the yearGHOverheads for the yearGHUnits producedYou are required to: aCalculate the following overhead absorption rates: ilabour hour rateivdirect wage percentagemachine hour rateVdirect material percentageilirate per unitVIprime cost percentagebUsing each of the overhead rates calculated in a above, calculate the cost of a cost unit which had the following details:Direct materialsGHDirect wagesGHDirect labour hours Machine hours
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