Cu 2 (5 im): Aircool Ltd. manufactures products and uses normal costing for its finished products....

 

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Câu 2 (5 điểm): Aircool Ltd. manufactures products and uses normal costing for its finished products. The information for 2021 of Aircool is as follows: Manufacturing overhead Direct manufacturing labour costs Direct manufacturing labour hours Machine hours Budget $9,065,000 $970,000 36,000 185,000 Actual results $10,000,000 $1,030,000 900 20 140 200,000 On March 19th 2021, Job230 was completed. The job cost sheet of Job230 is: Direct materials used $13,000 Direct manufacturing labour costs Direct manufacturing labour hours Machine hours Required: (i) Calculate the cost of Job230 on March 19th 2021 (ii) Calculate the cost of Job230 on March 31s¹ 2021. (iii) Comment on the normal costing method (Hints: students mention about advantages and problems of normal costing) Câu 2 (5 điểm): Aircool Ltd. manufactures products and uses normal costing for its finished products. The information for 2021 of Aircool is as follows: Manufacturing overhead Direct manufacturing labour costs Direct manufacturing labour hours Machine hours Budget $9,065,000 $970,000 36,000 185,000 Actual results $10,000,000 $1,030,000 900 20 140 200,000 On March 19th 2021, Job230 was completed. The job cost sheet of Job230 is: Direct materials used $13,000 Direct manufacturing labour costs Direct manufacturing labour hours Machine hours Required: (i) Calculate the cost of Job230 on March 19th 2021 (ii) Calculate the cost of Job230 on March 31s¹ 2021. (iii) Comment on the normal costing method (Hints: students mention about advantages and problems of normal costing)

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Predetermained overhead rate 9065000185000 4900 i Cos... View the full answer