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tracylayne

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  • February 17, 2012 at 6:59 am #94594
    7a62016f32302137d7211ccccda916c3ddeeab4b9747ea5daa0483a9999cbc62 80tracylayne
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    Paper F2
    This is not a quote its actually a question can anyone answer
    Please help with workings for this question

    A company operates a job costing system. Job number 1203 requires $300 of direct materials and $400 of direct labour. Direct labour is paid at the rate of $8 per hour. Production overheads are absorbed at a rate of $26 per direct labour hour and non-production overheads are absorbed at a rate of 120% of prime cost. What is the total cost of job number 1203. I have the answer i just don’t understand how the got it please help

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