6. In April, Cergas Sdn. Bhd. received two jobs, JOB 123 and JOB 456. The following data relates to the two jobs. JOB 123 JОB 456 Direct material used: A (kg) 1,000 1,200 B (kg) 600 750 Direct labour: Skilled (hours) 500 600 Unskilled (hours) 280 300 Direct expenses (RM) 2,000 1,250 Expected profit 25% on selling price 20% on total cost Additional information: a. The cost of material is RM20 per kg and RM25 per kg for material A and material B respectively. b. The skilled labour is paid RM20 per hour, while the unskilled labour is paid RM10 per hour. c. The total production overhead RM47, 040 is charged to the two jobs based on direct labour hour. d. Administration overhead and selling overhead are charged to the jobs based on 5% and 10% production cost respectively. Required: Prepare the Job Cost Sheet for each job: i.JOB 123 ii.JOB 456

6. In April, Cergas Sdn. Bhd. received two jobs, JOB 123 and JOB 456. The following data relates to the two jobs. JOB 123 JОB 456 Direct material used: A (kg) 1,000 1,200 B (kg) 600 750 Direct labour: Skilled (hours) 500 600 Unskilled (hours) 280 300 Direct expenses (RM) 2,000 1,250 Expected profit 25% on selling price 20% on total cost Additional information: a. The cost of material is RM20 per kg and RM25 per kg for material A and material B respectively. b. The skilled labour is paid RM20 per hour, while the unskilled labour is paid RM10 per hour. c. The total production overhead RM47, 040 is charged to the two jobs based on direct labour hour. d. Administration overhead and selling overhead are charged to the jobs based on 5% and 10% production cost respectively. Required: Prepare the Job Cost Sheet for each job: i.JOB 123 ii.JOB 456

Name: 6. In April, Çergas Sdn. Bhd. received two jobs, JOB 123 and JOB 456.
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Description: 6. In April, Çergas Sdn. Bhd. received two jobs, JOB 123 and JOB 456. The following datarelates to the two jobs.JOB 123JOB 456Direct material used: A (kg)1,0001,200в (kg)600750Direct labour: Skilled (hours)500600Unskilled (hours)280300Direct expense

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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