As the cost accountant of Gau Technologies Pty Ltd, you compiled the following budgete Information relating to the production of sectional steel bars for the month of December 2022. Units of production Direct material costs Direct labour cost Fixed manufacturing overheads Variable manufacturing overheads Direct labour hours Machine hours Required: Calculate the following pre-determined overhead rates according to the basis specified in the table below: Basis Product unit basis Direct labour hour basis Direct labour cost basis Machine hour basis Direct material basis 5 000 R 32 000 R 42 000 R 18 000 R 10 000 10 000 8 000 Formula Calculation
As the cost accountant of Gau Technologies Pty Ltd, you compiled the following budgete Information relating to the production of sectional steel bars for the month of December 2022. Units of production Direct material costs Direct labour cost Fixed manufacturing overheads Variable manufacturing overheads Direct labour hours Machine hours Required: Calculate the following pre-determined overhead rates according to the basis specified in the table below: Basis Product unit basis Direct labour hour basis Direct labour cost basis Machine hour basis Direct material basis 5 000 R 32 000 R 42 000 R 18 000 R 10 000 10 000 8 000 Formula Calculation
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 4CMA: Cynthia Rogers, the cost accountant for Sanford Manufacturing, is preparing a management report that...
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