nileshni raj id - Question 1 manufautring overhead...

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Question 1 manufautring overhead calculation Actual Direct Labour Hours X predetermined rate 10000.00 2 20000 applied manufacturing overhead Actual Direct Material Used metres X predetermined rate 20,000 1.33 26600 applied manufacturing overhead Actual Machine Hours X predetermined rate 6,000 3 18000 applied manufacturing overhead Machine Hours is the better cost driver for Deuba Garments Factory reason being it has lowest manufacturing o direct matrial cost + direct labour cost +machine hours overhad 200,000 50,000 6,000 256,000 total manufacturing cost d. What is the function of cost drivers? a cost driver is an activity or factor that causes costs to be incurred it is the root cause of why a cost occur Question 2 first in first out (fifo) calculation for labeling deparmen physical units Work in Process 1/1/2015 200 addUnits Started 800 total uints account for 1000 units compleled and transferred out 700 ending work in process 300 total uints account for 1000 new equivalent units accomplished in january step 3 Cost per equivalent Unit (8000/800)(2400/800) $8,000
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  • Fall '14
  • Accounting, Conversion of units, Work in process

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