Question: Jetty & Co absorbs overheads based on labour hours at N$50/hour. The company sells two products, X and Y. Total cost for product X is

Jetty & Co absorbs overheads based on labour

Jetty & Co absorbs overheads based on labour hours at N$50/hour. The company sells two products, X and Y. Total cost for product X is N$150/unit, while product Y costs N$100/unit. Product X requires a total of 15,000 hours in total for production. Jetty & Co's total budgeted overheads amount to N$1000,000. The cost accountant determined that Jetty & Co's overheads have been under absorbed by N$120,000 Required: Calculate the total number of hours needed to produce product Y. NB. You are not required to enter the unit or currency symbol. Enter numerical answer with no spaces. For example: 1000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!