Delfi Sdn Bhd manufactures spare parts for Toyota Bhd and the following are information extracted from...
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Delfi Sdn Bhd manufactures spare parts for Toyota Bhd and the following are information extracted from their accounts for the year ended 31 December 2020: RM Direct material 80,500 Direct labour Direct expense 63,000 28,000 Depreciation of building 54,000 Insurance of building 96,000 Electricity of building 50,400 Cleaning 33,600 Security 50,000 Utilities 62,000 Total Designing Assembly Finishing Maintenance Value of building 205,000 48,000 70,000 52,000 35,000 Kilowatt hour 6,000 30% 40% 20% 10% Floor area 15,000 3,000 7,000 3,500 1,500 No. of employees Machine hours 100 15 45 30 y 8,000 3,600 1,200 Labour hours 4,600 8,000 6,800 3,200 Based on the description given, PREPARE overhead analysis sheet for Delfi Sdn Bhd for the year ended 2020. Based on the total overhead assigned to each department, CALCULATE the overhead absorption rate for each department, given that Designing and Finishing departments are labour oriented and Assembly department is machine oriented. (Round off your overhead absorption rate into two decimal place and total overhead to the nearest RM). Delfi Sdn Bhd manufactures spare parts for Toyota Bhd and the following are information extracted from their accounts for the year ended 31 December 2020: RM Direct material 80,500 Direct labour Direct expense 63,000 28,000 Depreciation of building 54,000 Insurance of building 96,000 Electricity of building 50,400 Cleaning 33,600 Security 50,000 Utilities 62,000 Total Designing Assembly Finishing Maintenance Value of building 205,000 48,000 70,000 52,000 35,000 Kilowatt hour 6,000 30% 40% 20% 10% Floor area 15,000 3,000 7,000 3,500 1,500 No. of employees Machine hours 100 15 45 30 y 8,000 3,600 1,200 Labour hours 4,600 8,000 6,800 3,200 Based on the description given, PREPARE overhead analysis sheet for Delfi Sdn Bhd for the year ended 2020. Based on the total overhead assigned to each department, CALCULATE the overhead absorption rate for each department, given that Designing and Finishing departments are labour oriented and Assembly department is machine oriented. (Round off your overhead absorption rate into two decimal place and total overhead to the nearest RM).
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The Allocation of Overheads Expense Basis of Apportioning Designing Assembly Finishing Maintenance T... View the full answer
Related Book For
Accounting and Finance An Introduction
ISBN: 978-1292088297
8th edition
Authors: Peter Atrill, Eddie McLaney
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