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You are given the following budgeted information for Cobblers Ltd. for the next year. Direct wages 54,000 Direct materials 45,000 Depreciation 8,000 Indirect salaries
You are given the following budgeted information for Cobblers Ltd. for the next year. Direct wages 54,000 Direct materials 45,000 Depreciation 8,000 Indirect salaries 20,000 Rent & insurance 9,000 Electricity 5,000 Hours Machine hours 21,000 Direct labour hours 9,000 Im a) Using the above information, calculate the full cost of Job X3. Job X3 uses 20 in materials, 4 hours direct labour and 3 hours of machine time. (7 marks)
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