The piece of equipment JCB Robot 160 cost 12500

and it is expected to last six years. A rate of 5% is applied each year for depreciation. What value does the equipment have after three and a half years?

b)Overhead Calculations

If the cost centre produced 10 constructions for a project calculate four different overhead absorption rates (stated below) for a project based on the information provided in the tables

Data based on a project to produce 10 construction for a project for OAR calculations

Labour Hours for period	8500
Total direct wages for period	50000
Total direct material for period	78000
Total machine hours for period	5400
Total units produced for period	10
Total overhead for period	19900

Data for Unit cost calculation

Direct Material:	3900
Direct Wages: per hr	19.00
Direct labour hours:	410
Machine hours:	200

Thus calculate the following:

Absorption base	OAR	Unit Cost
Labour Hours
% on wages
% on prime cost
Machine hours