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chapter 7 accounting for overheads

Forums › ACCA Forums › ACCA MA Management Accounting Forums › chapter 7 accounting for overheads

  • This topic has 1 reply, 1 voice, and was last updated 13 years ago by tracylayne.
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  • February 17, 2012 at 6:22 am #51511
    tracylayne
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    • Topics: 5
    • Replies: 2
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    multiple choice test questions 4, 5 & 6 don’t understand how the got the answers, someone please help with workings for paper F2

    February 17, 2012 at 6:59 am #94594
    tracylayne
    Participant
    • Topics: 5
    • Replies: 2
    • ☆

    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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