Question: ans fully with explaination Question 2 Kazuto Garage Sdn Bhd is a car tuning expert, specialises in modifying European cars especially Peugeot and Renault. Cost
Question 2 Kazuto Garage Sdn Bhd is a car tuning expert, specialises in modifying European cars especially Peugeot and Renault. Cost is being determined based on the complexity of customers' orders. Budgeted overhead costs for the coming year are as follows: RM Rental 40,000 Machine insurance 50,000 Equipment depreciation 50,000 Supervisor salary 60,000 Power The company has three production departments, Repairing, Painting and Tuning and two services departments Consulting and Negotiating. Relevant statistics and information are given below: 40,000 Production Department Services Department Repairing Painting Tuning Consulting Negotiating Floor area occupied (sq ft) 4,000 2.000 1,000 500 500 Machine value (RM'000) 30 15 15 30 30 Equipment value 3000 6000 5000 2000 4000 Direct labour hours 3200 1800 1000 Super horse power 5000 1000 6000 3000 1000 Consulting Dept apportioned 40% 30% 20% 10% Negotiating Dept apportioned 20% 20% 40% 20% Required: (a) Prepare the overhead analysis sheet. Prepare repeated method and Simultaneous method from the overhead analysis sheet. Calculate the total overhead for each of the production cost centres to TWO decimal places
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