Total cost per unit of each product assuming the absorption of overheads on machine hour basis.(3 Marks)
ii.Total cost per unit of each product as per Activity based costing.(4 Marks)
iii.Show the difference in cost between the two methods and comment on it.(2 Marks)
from Onl x 2 (2) WhatsApp X in Mid Term_MA-II_Term-II_PGPM X W ca-final-compiler-paper-5-advan x * Camera Comer rning.mdim.ac.in mod/ quiz attempt.php?attempt= 16224&cmid=1181 YouTube Maps Manngem Developm The production overheads during the period are as follows: Particulars Amount(Rs.) Cost Drivers Factory works Expenses 22500 Machine Hours Stores receiving costs 8100 Requisition raised Machine set-up costs 12200 No. of production runs Cost relating to quality control 4600 No. of production runs Material handling and dispatch 9600 - No. of orders executed The no. of requisitions raised on the stores was 25 for each product. The no. of orders executed was 96, each order was in a batch of 5 units. Required to calculate: i. Total cost per unit of each product assuming the absorption of overheads on machine hour basis. (3 Marks) ii. Total cost per unit of each product as per Activity based costing. (4 Marks) iii. Show the difference in cost between the two methods and comment on it. (2 Marks) Maximum file size: 2.9GB, maximum number of files: 2YouTube Maps 1.c. Aribic Co. Ltd. produces and sells four products A, B C and D, these products are similar and usually produced in production runs of 10 units and sold in a batch of 5 units. The production details of these products are as follows: Particulars A B C D Production (Units) 100 110 120 150 Cost per Unit: Direct Material (Rs.) 30 40 35 45 Direct Labour (Rs.) 25 30 30 40 Machine Hours (per unit) 5 4 3 4 The production overheads during the period are as follows: Particulars Amount(Rs.) Cost Drivers Factory works Expenses 22500 Machine Hours Stores receiving costs 8100 Requisition raised Machine set-up costs 12200 No. of production runs Cost relating to quality control 4600 No. of production runs Material handling and dispatch 9600 No. of orders executed The no. of requisitions raised on the stores was 25 for each product, The no. of orders executed was 96, each order was in a batch of 5 units. Required to calculate: Total cost per unit of each product assuming the absorption of overheads on machine hour basis