The piece of equipment JCB Robot 160 cost 12500 and it is expected to last six years.
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Question:
The piece of equipment JCB Robot 160 cost 12500
and it is expected to last six years. A rate of 5% is applied each year for depreciation. What value does the equipment have after three and a half years?
b)Overhead Calculations
If the cost centre produced 10 constructions for a project calculate four different overhead absorption rates (stated below) for a project based on the information provided in the tables
Data based on a project to produce 10 construction for a project for OAR calculations
Labour Hours for period | 8500 |
Total direct wages for period | 50000 |
Total direct material for period | 78000 |
Total machine hours for period | 5400 |
Total units produced for period | 10 |
Total overhead for period | 19900 |
Data for Unit cost calculation
Direct Material: | 3900 |
Direct Wages: per hr | 19.00 |
Direct labour hours: | 410 |
Machine hours: | 200 |
Thus calculate the following:
Absorption base | OAR | Unit Cost |
Labour Hours | ||
% on wages | ||
% on prime cost | ||
Machine hours |
Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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