A. 2 3 4 5 6 Yesbra Inc. has the following budgeted manufacturing overheads for the year, based on normal activity levels: B. Department Material required will be: Iron 280 kg at $52.50 per kg Zinc 195 kg at $36.80 per kg Copper 210 kg at $30.00 kg Direct labour required will be: C. Machining Assembly Finishing Budgeted Overheads Machining department 80 hours at $450 per hour Assembly department 336 hours at $360 per hour Finishing department 184 hours at $280 per hour The profit margin is 25 % $ 2 450 000 3 456 000 3 200 000 Styles Overheads Absorption Base Vesbra Inc. is asked to provide information, for JOB DLW420, in relation to the supply of a replacement motor for a standby generator at a factory located in Portmore. The motor will need to be passed through the machining department, the assembly department and the finishing department. JOB DLW420 incurred the following cost 10 000 machine hours 9 000 Labour hours 8 000 Labour hours Calculate the overhead absorption rate for each production department Prepare the job cost sheet for Vesbra Inc, Calculate the Quotation cost for the job

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A.
2
3 4
5
6
Yesbra Inc. has the following budgeted manufacturing overheads for the year, based on normal
activity levels:
B.
Department
Material required will be:
Iron 280 kg at $52.50 per kg
Zinc 195 kg at $36.80 per kg
Copper 210 kg at $30.00 kg
Direct labour required will be:
C.
Machining
Assembly
Finishing
Budgeted Overheads
Machining department 80 hours at $450 per hour
Assembly department 336 hours at $360 per hour
Finishing department 184 hours at $280 per hour
The profit margin is 25 %
$
2 450 000
3 456 000
3 200 000
Styles
Overheads Absorption
Base
Vesbra Inc. is asked to provide information, for JOB DLW420, in relation to the supply of a
replacement motor for a standby generator at a factory located in Portmore. The motor will need
to be passed through the machining department, the assembly department and the finishing
department. JOB DLW420 incurred the following cost
10 000 machine hours
9 000 Labour hours
8 000 Labour hours
Calculate the overhead absorption rate for each production department
Prepare the job cost sheet for Vesbra Inc,
Calculate the Quotation cost for the job
Transcribed Image Text:A. 2 3 4 5 6 Yesbra Inc. has the following budgeted manufacturing overheads for the year, based on normal activity levels: B. Department Material required will be: Iron 280 kg at $52.50 per kg Zinc 195 kg at $36.80 per kg Copper 210 kg at $30.00 kg Direct labour required will be: C. Machining Assembly Finishing Budgeted Overheads Machining department 80 hours at $450 per hour Assembly department 336 hours at $360 per hour Finishing department 184 hours at $280 per hour The profit margin is 25 % $ 2 450 000 3 456 000 3 200 000 Styles Overheads Absorption Base Vesbra Inc. is asked to provide information, for JOB DLW420, in relation to the supply of a replacement motor for a standby generator at a factory located in Portmore. The motor will need to be passed through the machining department, the assembly department and the finishing department. JOB DLW420 incurred the following cost 10 000 machine hours 9 000 Labour hours 8 000 Labour hours Calculate the overhead absorption rate for each production department Prepare the job cost sheet for Vesbra Inc, Calculate the Quotation cost for the job
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