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Dears,
Please, I could not find the explanations in lectures of F2 related to job costing for particulat task.
Jobex Co uses job costing. Production costs, including absorbed overhead, of $4,917 have been incurred to date on Job ABC. A further $1,735 of direct costs, including the cost of 82 direct labor hours, are expected to be required to complete the job. Production overheads are absorbed at a rate of $9 per direct labor hours.
Where should I start my calculation? or what’s the answer?
Thank you in advance.
Firstly, job costing is covered in chapter 15 of our free lecture notes, and the lectures that go with the chapter!
Secondly, I do not understand what you are attempting questions for which you do not already have an answer! You should be using a Revision Kit from one of the ACCA approved publishers for practice – they have answers together with explanations!
Finally, you have not written what it is that the question requires! 🙂
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