Nopal Fabrics Trading received an order from a customer to produce 200 unit of customized corporate...

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Nopal Fabrics Trading received an order from a customer to produce 200 unit of customized corporate attire. The following information is available for JOB X70. Additional information for the cost centres are as follows: Budgeted overhead (RM) Budgeted direct labour hours Budgeted machine hours Direct labour: Machine hours: b. JOB X70 Cutting department @ RM5.00 per hour Sewing department @ RM3.00 per hour a. Direct Materials - Fabric, thread, needles Indirect materials-Button, lace, zip Direct Expenses-Cost of renting a sewing stitches machine Administration and general expenses Delivery expenses Cutting department Sewing department Cutting Department 12,500 6,500 2,500 i. Prepare a job cost sheet for JOB X70, showing clearly: - Prime cost Production cost Overheads are absorbed based on machine hours and direct labour hours for cutting and sewing department respectively. Required: ii. iii. iv. V. Total cost Selling price with profit mark up of 100% Selling price per unit Sewing Department 18,600 6,200 7,400 State TWO (2) characteristics of job costing. 154 hours 160 hours 20 hours 40 hours RM10,800 RM3,000 RM2,200 RM500 RM150 Nopal Fabrics Trading received an order from a customer to produce 200 unit of customized corporate attire. The following information is available for JOB X70. Additional information for the cost centres are as follows: Budgeted overhead (RM) Budgeted direct labour hours Budgeted machine hours Direct labour: Machine hours: b. JOB X70 Cutting department @ RM5.00 per hour Sewing department @ RM3.00 per hour a. Direct Materials - Fabric, thread, needles Indirect materials-Button, lace, zip Direct Expenses-Cost of renting a sewing stitches machine Administration and general expenses Delivery expenses Cutting department Sewing department Cutting Department 12,500 6,500 2,500 i. Prepare a job cost sheet for JOB X70, showing clearly: - Prime cost Production cost Overheads are absorbed based on machine hours and direct labour hours for cutting and sewing department respectively. Required: ii. iii. iv. V. Total cost Selling price with profit mark up of 100% Selling price per unit Sewing Department 18,600 6,200 7,400 State TWO (2) characteristics of job costing. 154 hours 160 hours 20 hours 40 hours RM10,800 RM3,000 RM2,200 RM500 RM150

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Job Cost Sheet JOB X70 Particulars Amount RM Direct Materials Fabric thread needles 6200 Indirect Ma... View the full answer