apora Bhd manufactured smart watches. In November 2021, Zapora produced 2,200 watches with the following costs: Direct Materials RM32,000 Direct Labour RM13,000 Manufacturing Overheads RM27,000 Additional information: There is no opening or closing stock of work-in-progress (WIP) during the month of November. Calculate Total Product Costs for 2,200 watches produced in November 2021 Select one: a. RM45,000 b. RM72,000 c. RM32,000 d. RM40,000

apora Bhd manufactured smart watches. In November 2021, Zapora produced 2,200 watches with the following costs: Direct Materials RM32,000 Direct Labour RM13,000 Manufacturing Overheads RM27,000 Additional information: There is no opening or closing stock of work-in-progress (WIP) during the month of November. Calculate Total Product Costs for 2,200 watches produced in November 2021 Select one: a. RM45,000 b. RM72,000 c. RM32,000 d. RM40,000

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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Concept explainers

Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit. Overhead expenses depend upon the nature of the business operations.

Question

Zapora Bhd manufactured smart watches. In November 2021, Zapora produced 2,200 watches with the following costs:

Direct Materials RM32,000

Direct Labour RM13,000

Manufacturing Overheads RM27,000

Additional information: There is no opening or closing stock of work-in-progress (WIP) during the month of November.

Calculate Total Product Costs for 2,200 watches produced in November 2021

Select one:

a. RM45,000

b. RM72,000

c. RM32,000

d. RM40,000

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