8. Camden Ltd. makes two products, X and Y, each of which passes through two production departments. Budgeted production is 30,000 units of each product and fixed overheads are absorbed on the basis of direct labour hours. The following budgeted data are available: Dept. 1 Dept. 2 Fixed overheads £360,000 £200,000 Variable overheads per direct labour hour £1.00 £2.00 Direct labour hours per unit of X 8 h 6 h Direct labour hours per unit of Y 4 h 2 h Calculate the fixed overheads absorption rate for Dept. 1: A. £1 per labour hour B. £2 per labour hour C. £3 per labour hour D. £4 per labour hour.

8. Camden Ltd. makes two products, X and Y, each of which passes through two production departments. Budgeted production is 30,000 units of each product and fixed overheads are absorbed on the basis of direct labour hours. The following budgeted data are available: Dept. 1 Dept. 2 Fixed overheads £360,000 £200,000 Variable overheads per direct labour hour £1.00 £2.00 Direct labour hours per unit of X 8 h 6 h Direct labour hours per unit of Y 4 h 2 h Calculate the fixed overheads absorption rate for Dept. 1: A. £1 per labour hour B. £2 per labour hour C. £3 per labour hour D. £4 per labour hour.

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Description: 8. Camden Ltd. makes two products, X and Y, each of which passes throughtwo production departments. Budgeted production is 30,000 units of eachproduct and fixed overheads are absorbed on the basis of direct labourhours. The following budgeted data a

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 7EA: A company estimates its manufacturing overhead will be $750,000 for the next year. What is the...

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