Please do not give solution in image format thanku MYG plc produces several products X,Y,Z,W,Q in the same factory.The factory has two departments, assembly and finishing.The following information is available:Direct material for each unit (kg)Cost of direct material ($ for 1 kg)assembly departmentDirect labour for each unit (hours)Cost of direct labour ($ per hour).finishing departmentDirect labour for each unit (hours)Cost of direct labour ($ per hour)X14N1X2x.X1135 000YOverheads are to be absorbed on a labour hour basis.Calculate the cost per unit (CPU) for each product.*CPU-to the nearest 0.00. For example, 17.50211Y33 H1>Y1273720 000742214W2510 000W31उततW12Production (units)767 400$.Fixed costs of production are estimated to beOf this total, $167 400 is the salary of the supervisors - $81 000 to Assembly supervisor, and $86 400 to Finishing supervisor.The remaining overheads are to be split60% to Assembly and40 % to Finishing.Q0117 80021012018 000

Overhead : Indirect costs incurred while producing goods or services. Overhead costs cannot be…

MYG plc produces several products X,Y,Z,W,Q in the same factory. The factory has two departments, assembly and finishing. The following information is available: Direct material for each unit (kg) Cost of direct material ($ for 1 kg) assembly department Direct labour for each unit (hours) Cost of direct labour ($ per hour) finishing department Direct labour for each unit (hours) Cost of direct labour ($ per hour) X 1 4 NIX 1 2 X- X 1 1 35 000 Y 2 1 Overheads are to be absorbed on a labour hour basis. Calculate the cost per unit (CPU) for each product. *CPU-to the nearest 0.00. For example, 17.50 Y 3 1 Y 1 2 Z 3 7 20 000 Z 4 2 214 W25 10 000 3m MIN W 1 2 Production (units) 767 400 $. Fixed costs of production are estimated to be Of this total, $167 400 is the salary of the supervisors - $81 000 to Assembly supervisor, and $86 400 to Finishing supe The remaining overheads are to be split 40 % to Finishing. 60% to Assembly and Q 016 7 800 812 120 18 000

MYG plc produces several products X,Y,Z,W,Q in the same factory. The factory has two departments, assembly and finishing. The following information is available: Direct material for each unit (kg) Cost of direct material ($ for 1 kg) assembly department Direct labour for each unit (hours) Cost of direct labour ($ per hour) finishing department Direct labour for each unit (hours) Cost of direct labour ($ per hour) X 1 4 NIX 1 2 X- X 1 1 35 000 Y 2 1 Overheads are to be absorbed on a labour hour basis. Calculate the cost per unit (CPU) for each product. *CPU-to the nearest 0.00. For example, 17.50 Y 3 1 Y 1 2 Z 3 7 20 000 Z 4 2 214 W25 10 000 3m MIN W 1 2 Production (units) 767 400 $. Fixed costs of production are estimated to be Of this total, $167 400 is the salary of the supervisors - $81 000 to Assembly supervisor, and $86 400 to Finishing supe The remaining overheads are to be split 40 % to Finishing. 60% to Assembly and Q 016 7 800 812 120 18 000

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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