Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 2 (total 8 marks) crown limited has been

Question 2 (Total 8 marks) Crown Limited has been engaged to fabricate 1,000 units of...

60.1K

Verified Solution

Question

Accounting

image
Question 2 (Total 8 marks) Crown Limited has been engaged to fabricate 1,000 units of customised computer chips. The following information relates to the customized computer chips: Direct materials in kg placed into production 2,500 kg Direct materials cost per kg $12 per kg Direct labour hours worked 1,500 hours Direct labour rate per hour $10 per hour Factory overhead rate is applied at $8 per direct labour hour. Required: Calculate the the total costs for the customised computer chips and the cost per unit for each computer chip. Show separately the costs for direct materials, direct labour, applied overhead and cost per unit. Show your workings clearly, (8 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

Advance Math
1.2K views

Consider the vector functions ?(?) and ?(?), where ?(?) = 〈? sin ? , ? cos...

Medical Sciences
1.2K views

1. Gas Exchange and Transport (A) Discuss the factors affecting gas exchange in the lungs (B) Discuss...

Psychology
1.2K views

Describe the issues Frederick Douglass and William Lloyd Garrison eventually split over.

Basic Math
1.2K views

Graph one period of the function y 4 sec x NU 424

Basic Math
1.2K views

Gas mileage is rated for either city driving or highway driving. Most of Jenna's travel...

Basic Math
1.2K views

You own a company that makes organs and pianos Each week you make at least...

Statistics
1.2K views

In Tony s cooler there are 6 bottles of soda and 8 bottles of water...

Algebra
1.2K views

M Ex 4 Write an equation for the line with slope of 2 3 and...

Accounting
1.2K views

james Company began the month of October with inventory of $21,000. The following inventory transactions...

Accounting
1.2K views

David Bowie bonds pay their coupons from royalties generated by sales of David Bowie's past...

Accounting
1.2K views

please type the answer > Problems Group A Learning Objectives...

Accounting
1.2K views

Len, un vendedor de suministros de MedCo, sigue a Nan, una vendedora de Optima Health...