Newcastle Computer Repair Services has overheads of £9,400 per month. Each month, 1,000 direct labour hours are worked and charged to specific jobs. The costs and time incurred on job number AXZ55263 were: Direct materials (£) Direct labour (hours) Wage rate (£ per hour) Overheads are charged to jobs on a direct labour hour basis. Required: Calculate the full cost of job number AXZ55263. 20.00 4 10.00 Firstly, the overhead absorption rate can be found by this formula: (Complete the necessary drop downs.) The values can now be inserted (calculate the overhead absorption rate to two decimal places): = £ per direct labour hour The full cost of job number AXZ55263 can now be calculated (give your answer to 2 decimal places): Direct materials Direct labour Overheads Full cost of the job £

Newcastle Computer Repair Services has overheads of £9,400 per month. Each month, 1,000 direct labour hours are worked and charged to specific jobs. The costs and time incurred on job number AXZ55263 were: Direct materials (£) Direct labour (hours) Wage rate (£ per hour) Overheads are charged to jobs on a direct labour hour basis. Required: Calculate the full cost of job number AXZ55263. 20.00 4 10.00 Firstly, the overhead absorption rate can be found by this formula: (Complete the necessary drop downs.) The values can now be inserted (calculate the overhead absorption rate to two decimal places): = £ per direct labour hour The full cost of job number AXZ55263 can now be calculated (give your answer to 2 decimal places): Direct materials Direct labour Overheads Full cost of the job £

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Description: Please do not give solution in image format thanku Newcastle Computer Repair Services has overheads of £9,400 per month. Each month, 1,000 direct labour hours are worked and charged to specific jobs.The costs and time incurred on job number AXZ55263

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 10E: Ada Clothes Company produced 40,000 units during April. The Cutting Department used 12,800 direct...

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