q3

Get quality term paper help at Unemployedprofessor.net. Use our paper writing services to score better and meet your deadlines. It is simple and straightforward. Whatever paper you need—we will help you write it!


Order a Similar Paper Order a Different Paper
Question 3 Lewitt PLC has asked for your help in designing their new costing system. You have ascertained that they have two direct production departments: manufacturing and finishing, and two production overhead departments: stores and canteen. The allocated costs in the period are budgeted to be: Manufacturing £360,000 Stores £120,000 Finishing £320,000 Canteen £30,000 Costs to be apportioned: Rent on basis of floor area £26,000 Machine depreciation on basis of original cost of machinery £60,000 Management time on basis of time spent in each dept. £120,000 Floor Area Machinery Management Sq mtrs Original cost Time Manufacturing 300 £450,000 48% Finishing 100 £30,000 32% Stores 50 £5,000 5% Canteen 70 £15,000 15% Stores Number of Requisitions Employees Manufacturing 150 35 Finishing 10 25 Stores N/A N/A Canteen 40 N/A Budgeted machine hours in manufacturing department is 25,183 Budgeted direct labour hours in finishing department is 27,095 Required: Calculate the overhead absorption rate for the manufacturing and finishing departments.
Writerbay.net

Our affordable academic writing services save you time, which is your most valuable asset. Share your time with your loved ones as our Unemployedprofessor.net experts deliver unique, and custom-written paper for you.

Get a 15% discount on your order using the following coupon code SAVE15


Order a Similar Paper Order a Different Paper