Raw materials consumed =15,000 Direct labour charges =9,000 Machine hours worked -900 hrs Machine hour rate=5 per hr Administrative overheads -20% on works cost Selling overheads=0.50 per unit Units produced= 17,100 Units sold= 16,000, Selling price= 4 per unit. Prepare (a) the cost per unit b) profit per unit sold and profit for the period.
Raw materials consumed =15,000 Direct labour charges =9,000 Machine hours worked -900 hrs Machine hour rate=5 per hr Administrative overheads -20% on works cost Selling overheads=0.50 per unit Units produced= 17,100 Units sold= 16,000, Selling price= 4 per unit. Prepare (a) the cost per unit b) profit per unit sold and profit for the period.
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 2EB: Boarders estimates overhead will utilize 160,000 machine hours and cost $80,000. It takes 4 machine...
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