You are fulfilling an order for 45 units for sale at £65 per unit. This involves work in 3 cost centres - machining, assembly and finishing. Your company has established the following data: Machining Machine £13 hr OAR per hour Assembly Labour hr £8 OAR per hour Finishing Labour hr £11 OAR per hour Total direct material cost £210 Total machine time 20 hours 50 hrs £6.00 machining per hour 80 hrs £4.50 Labour assembly per hour 40 hrs £5.65 finishing per hour OAR for general overheads is 10% of total product co st Using batch costing methods, the unit cost (to the nearest pound sterling £) is: O €48 £60 £39 £33

You are fulfilling an order for 45 units for sale at £65 per unit. This involves work in 3 cost centres - machining, assembly and finishing. Your company has established the following data: Machining Machine £13 hr OAR per hour Assembly Labour hr £8 OAR per hour Finishing Labour hr £11 OAR per hour Total direct material cost £210 Total machine time 20 hours 50 hrs £6.00 machining per hour 80 hrs £4.50 Labour assembly per hour 40 hrs £5.65 finishing per hour OAR for general overheads is 10% of total product co st Using batch costing methods, the unit cost (to the nearest pound sterling £) is: O €48 £60 £39 £33

Name: You are fulfilling an order for 45 units for sale at £65 per unit. Th
Uploaded: 2024-03-20T06:32:49.000Z
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Description: You are fulfilling an order for 45 units for sale at £65 per unit. Thisinvolves work in 3 cost centres - machining, assembly and finishing. Yourcompany has established the following data:MachiningMachine£13hr OARperhourAssemblyLabour hr£8OARperhourF

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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Vikram bhai
Subject: Acounting
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