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United Kingdom) Question 4 The following data was extracted from OTK Sedia Sdn Bhd (OSSB) in year 2021: Machine Department Assembly Department Finishing Department
United Kingdom) Question 4 The following data was extracted from OTK Sedia Sdn Bhd (OSSB) in year 2021: Machine Department Assembly Department Finishing Department Budgetedoverheadsh --- Direct labour hours machine hours 4400 RM144,000 100 MOOD 2500 3,000 19400 200 Machine Department and Assemble Department are capital intensive and Finishing Departmentis Labour intensive OSSB received a special order for 586 units, assigned as Job 9731. Cost incurred and production data are shown as follows: Materials abou Materias ARMS 50M457 25 hours Machine Department at RM5.60 per hour 68 hours Assembly Department at RM5 20per hour 72 hours Fishing Department at RM5.00 per hour Machine 22 hours Machine Department 387 hours Assembly Department 158 hours Finishing Department Additional information: Basis of overhead absorption rate for Machine Department and Assemble Department is machine hour, and Finishing Departmentis direct labour hour Selling and distibution overheads are charged to the job based on 20% of the production cost Profit is to be maintained at 30% on total cost Required: (a) Compute overhead absorption rate (OAR) for each department (b) Calculate the following for job na ML12 19marks) (1) Prime cost marks) 61) The production cost (i) Total cost (iv) Unit cost marks) (v) Selling price per unit Note: (a)Round your answers to TWO (2) decimal points (b) Show all your relevant working (5.5 (3.5 marks) -marks) (2marks) (Total 25 marks) (Ctrl)
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