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  • May 30, 2025 at 12:53 pm #717547
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    13. The following data are given:
    Standard details for one unit:
    Direct materials
    Direct wages:
    Bonding department
    Finishing department
    40 square metres at $5.30 per square metre
    48 hours at $2.50 per hour
    30 hours at $1.90 per hour
    Budgeted costs and hours per annum:
    Variable overhead:
    Bonding department
    Finishing department
    Fixed overhead
    Production
    Selling and distribution
    Administration
    Required
    i.
    ii.
    Prepare a standard cost sheet for one unit.
    ($)
    (hours)
    375 000
    150 000
    392 000
    196 000
    98 000
    500 000
    300 000
    (12 marks)
    Calculate the selling price per unit allowing for a profit of 15% of the selling
    price.
    14.
    (3 marks)

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