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Category > Business & Finance Posted 18 Jun 2017 My Price 15.00

Limited is a company that produces two types of filing cabinet

Limited is a company that produces two types of filing cabinet; a basic model and a superior model. The company wishes to calculate the total cost per unit for each product, but so far has only calculated the direct cost per unit as follows: Basic Superior £ £ DIRECT COSTS PER UNIT Materials 30.00 50.00 Labour cost 17.00 22.50 TOTAL DIRECT COSTS PER UNIT 47.00 72.50 The filing cabinets are manufactured using a two part process. The first part of the process is to assemble the filing cabinet and the second part of the process is to paint the filing cabinet. The indirect overheads for the year comprise: £ Factory manager’s salary 40,000 Rent for factory 60,000 Insurance for factory 30,000 Salary of supervisor in assembly department 28,500 Salary of supervisor in paint department 26,500 TOTAL £185,000 To apportion the factory manager’s salary the company intends to use number of employees (there are 6 employees in the assembly department and 4 employees in the paint department); to apportion the rent cost the company intends to use floor area (the assembly department has an area of 500 square metresand the paint department 700 square metres); to apportion the insurance cost the company intends to use value of machinery (the value of machinery in the assembly department is £100,000 and the value of machinery in the paint department is £50,000) . The company has decided that the absorption of the above overheads should be performed on the basis of labour hours. The labour hours for assembling and painting one filing cabinet are as follows: Basic Superior Assembly 2 hours 2.5 hours Painting 1 hours 1.5 hour

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Alpha Geek
(8)
Status NEW Posted 18 Jun 2017 07:06 AM My Price 15.00

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file 1497769598-597019_1_A1.docx preview (1128 words )
M-----------AN0-----------001-----------7I -----------Int-----------erm-----------edi-----------ate----------- Ma-----------nag-----------eme-----------nt -----------Acc-----------oun-----------tin-----------g ----------- 20-----------14------------15 -----------Exa-----------min-----------ati-----------on -----------Sol-----------uti-----------ons----------- Q-----------ues-----------tio-----------n 1-----------(25----------- ma-----------rks-----------) -----------Req-----------uir-----------eme-----------nt -----------1 -----------Ass-----------emb-----------ly -----------dep-----------t P-----------ain-----------tin-----------g d-----------ept----------- A-----------LLO-----------CAT-----------ION----------- Su-----------per-----------vis-----------or -----------sal-----------ari-----------es -----------28,-----------500----------- 26-----------,50-----------0(1----------- ma-----------rk)----------- A-----------PPO-----------RTI-----------ONM-----------ENT----------- Fa-----------cto-----------ry -----------man-----------age-----------r s-----------ala-----------ry ----------- (6-----------:4)----------- 24-----------,00-----------0 1-----------6,0-----------00(-----------1 m-----------ark-----------) -----------Ren-----------t -----------(50-----------0:7-----------00)----------- 25-----------,00-----------0 3-----------5,0-----------00(-----------1 m-----------ark-----------) -----------Ins-----------ura-----------nce----------- (-----------100-----------,00-----------0:5-----------0,0-----------00)----------- 20-----------,00-----------0 1-----------0,0-----------00(-----------1 m-----------ark-----------) -----------£9-----------7,5-----------00 -----------£8-----------7,5-----------00 ----------- (1----------- ma-----------rk)----------- A-----------BSO-----------RPT-----------ION----------- As-----------sem-----------bly----------- la-----------bou-----------r h-----------our-----------s -----------(10-----------,00-----------0 x----------- 2h-----------rs)-----------
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