[Agnieszka]

Indeed, Thank you 🙂

[Agnieszka]

Hallo,

Thank you very much for your answers.

Regarding question nr 1. – the efficiency variance is 256 favourable, and the actuall hours worked – 10080 – apologise for the confiusion.

Could you please explain the first question with the above data?

Thank you very much in advance.

Kind regards,
Agnieszka

[Agnieszka]

Thank soo much. 🙂

[Agnieszka]

Thank you soo much 🙂

[Agnieszka]

Dear Mr John,

I understand now this example, however the next one, seems to be another brdige for me.

A company operates a job costing system. Job number 1203 requires 300$ of direct materials and 400$ of direct labour. Direct laour is paid at the rate of 8$ per hour. Production overheads are absorbed at the rate of 26$ per direct labour and non-production overheads are absorbed at the rate of 120% of prome costs.
What is the total cost of job number 1203?

Could you please help and explain how it sould be calculated?

Thank you in advance!

[Agnieszka]

Thank you very much. 🙂

[Author]

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