As the cost accountant of Gau Technologies Pty Ltd, you compiled the following budgete Information relating to the production of sectional steel bars for the month of December 2022. Units of production Direct material costs Direct labour cost Fixed manufacturing overheads Variable manufacturing overheads Direct labour hours Machine hours Required: Calculate the following pre-determined overhead rates according to the basis specified in the table below: Basis Product unit basis Direct labour hour basis Direct labour cost basis Machine hour basis Direct material basis 5 000 R 32 000 R 42 000 R 18 000 R 10 000 10 000 8 000 Formula Calculation
As the cost accountant of Gau Technologies Pty Ltd, you compiled the following budgete Information relating to the production of sectional steel bars for the month of December 2022. Units of production Direct material costs Direct labour cost Fixed manufacturing overheads Variable manufacturing overheads Direct labour hours Machine hours Required: Calculate the following pre-determined overhead rates according to the basis specified in the table below: Basis Product unit basis Direct labour hour basis Direct labour cost basis Machine hour basis Direct material basis 5 000 R 32 000 R 42 000 R 18 000 R 10 000 10 000 8 000 Formula Calculation
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:As the cost accountant of Gau Technologies Pty Ltd, you compiled the following budgete
Information relating to the production of sectional steel bars for the month of December
2022.
Units of production
Direct material costs
Direct labour cost
Fixed manufacturing overheads
Variable manufacturing overheads
Direct labour hours
Machine hours
Required:
Calculate the following pre-determined overhead rates according to the basis
specified in the table below:
Basis
Product unit basis
Direct labour hour basis
Direct labour cost basis
Machine hour basis
Direct material basis
5 000
R 32 000
R 42 000
R 18 000
R 10 000
10 000
8.000
Formula
Calculation
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