Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. plz do not use your handwriting question 1 40 m

plz do not use your handwriting Question 1 40 Marks C \&...

50.1K

Verified Solution

Question

Accounting

plz do not use your handwriting image
Question 1 40 Marks C \& , a car company produces various types of car in the market. The company got a contract to supply 10 units of car model ABC (Job 110 ) to H \& T Sdn Bhd at a total selling price of $3,000,000. Direct raw materials and direct labour are 30% and 20% of total selling price respectively. C&T used machine hours as the basis to allocate its overhead cost to Job 110 and machine hours used by Job 110 is 2,000 hours. Total machine hours used for all jobs including Job 110 are 10,000 hours. Actual manufacturing overhead cost is 50% of total selling price. Calculate the following: a) Unit cost rate (5 Marks) b) Indirect cost for Job 110 (10 Marks) c) Total cost for Job 110 (15 Marks) d) Gross profit for Job 110 (10 marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

You are planning to retire in 40-years. You plan on putting aside $300 each month and...

Chemistry
1.2K views

For each of the following oxidation – reduction reactions, identify which element is being oxidized and...

Biology
1.2K views

What is the purpose of publishing in a scientific journal?

Psychology
1.2K views

The DSM-5 has revised the criteria for the diagnosis of bipolar disorder in childhood and has...

Physics
1.2K views

A rope of length I and mass per unit length is suspended vertically If mass...

Basic Math
1.2K views

If the point 7 3 is on the graph of an equation in x and...

Calculus
1.2K views

Find the minimum value of f(x,y,z) = x + y + z subject to 8x...

Calculus
1.2K views

Determine whether the graph is a function If it does repr give its domain and...

Accounting
1.2K views

Presented here are selected transactions for Alpine Tours Inc. during September of the current year....

Accounting
1.2K views

The ABC Company processes unprocessed milik up to the split-off point where two products, Condensed...

Accounting
1.2K views

Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month...

Finance
1.2K views

You believe that stock XYZ will go down substantially in value over the next 30...