Q.3. Cost department of Nina Industries made the following estimates for the coming year: Factory overhead Rs.425000; direct materials Rs.850000; production 20800 units; direct labor Rs.250000; direct labor hours 106250. Required: a) Factory overhead rate based on: i. Direct labor cost ii. Direct labor hours iii. Direct material cost
Q.3. Cost department of Nina Industries made the following estimates for the coming year: Factory overhead Rs.425000; direct materials Rs.850000; production 20800 units; direct labor Rs.250000; direct labor hours 106250. Required: a) Factory overhead rate based on: i. Direct labor cost ii. Direct labor hours iii. Direct material cost
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 10EB: Inez has the following information relating to Job AA5. Direct material cost was $200,000, direct...
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