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TIME 3 HOURS wer Bookdet. (100 MARKS TRUCTRON (25 marks system and applies overhead cost to jobs (not on the basis of raw materials purchased

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TIME 3 HOURS wer Bookdet. (100 MARKS TRUCTRON (25 marks system and applies overhead cost to jobs (not on the basis of raw materials purchased on a cost formula that estimated RM800.000 of allocation base of RM500,000 direct material cos LE C OSTROV contar con me in produ bad rate was based ed for an estimated ww me wing data for the just completed year A died the follow Beginning (RM) 20.000 150,000 260,000 Ending (RM) 80.000 70,000 400 000 1 Raw materials Work in Process Finished Goods RM 510,000 90,000 Purchase of raw materials Direct labor cost Manufacturing overhead costs: Indirect labor Property taxes Depreciation of equipment Maintenance Insurance Rent: building 170,000 48,000 260,000 95,000 7,000 180,000 Required: a) Compute the predetermined overhead rate for the year. (3 marks) b) Determine the actual manufacturing overhead costs. (4 marks) c) Compute the cost of goods manufactured for the year assuming all raw materials are used in production as direct materials. (6 marks) d) Compute the unadjusted cost of goods sold for the year. (4 marks)

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