The following data relates to departments A, B, and C of a company; machine hours: department A-1000hours, B- 1500hours, C-1200hours; floor space: department A- 20sqm, B- 15sqm, C- 25sqm. The total production overhead cost of GHC1200000 is made up of rent- GHC800000 and depreciation- GHC400000. The company uses the ABC system to apportion overhead cost. The total overhead cost for department A will be OA. GHC249549.5 OB. GHC245949.5 OC. GHC349549.5 OD. GHC345949.5

The following data relates to departments A, B, and C of a company; machine hours: department A-1000hours, B- 1500hours, C-1200hours; floor space: department A- 20sqm, B- 15sqm, C- 25sqm. The total production overhead cost of GHC1200000 is made up of rent- GHC800000 and depreciation- GHC400000. The company uses the ABC system to apportion overhead cost. The total overhead cost for department A will be OA. GHC249549.5 OB. GHC245949.5 OC. GHC349549.5 OD. GHC345949.5

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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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

The following data relates to departments A, B, and C of a company; machine hours: department A-1000hours, B-
1500hours, C-1200hours; floor space: department A- 20sqm, B- 15sqm, C- 25sqm. The total production overhead cost of
GHC1200000 is made up of rent- GHC800000 and depreciation- GHC400000. The company uses the ABC system to
apportion overhead cost. The total overhead cost for department A will be
O A. GHC249549.5
OB. GHC245949.5
OC. GHC349549.5
OD. GHC345949.5

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