The following data are given for product DRIM69 Budgeted output for the year: 9800 units...
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Accounting
The following data are given for product DRIM69
Budgeted output for the year: 9800 units
Standard details for one unit:
Direct materials: 40 square metres at K5.30 per square metre
Direct wages:
Bonding department 48 hours at K12.50 per hour
Finishing department 30 hours at K7.60 per hour
Budgeted costs and hours per annum:
Variable overhead: (K) (hours)
Bonding department 375000 500000
Finishing department 150000 300000
Fixed overhead: (K)
Production 392000
Selling and distribution 196000
A. Prepare a standard cost sheet for one unit and enter on the standard cost sheet the costs to show sub-totals for
prime cost
variable production cost
total production cost
total cost
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