Question: Old MathJax webview Help me do the ABC for this exercise Product Costing (Activity-Based Costing) Bonus MRK (PTY) LTD produces electrical supplies namely Laptops and

Old MathJax webview

Old MathJax webview Help me do the ABC for this

Help me do the ABC for this exercise

Product Costing (Activity-Based Costing) Bonus MRK (PTY) LTD produces electrical supplies namely Laptops and financial calculators and operates at=capacity. The company has a policy of allocating overheads using the traditional costing system. The Chairman of the Board of Directors of Bonus MRK (Mr Sheldon-Remza) read an article stating "ABC costing system is the way" and proposed the implementation for the next financial year Data-related to the two products are presented as follows: Annual production in units Direct material costs Direct manufacturing labor costs Laptops 60.000 R240.000 R75-000 Calculators 120,000 R480,000 R 150.000 5.000 10.000 Direct manufacturing labor-hours Machine-hours Number of production runs = Inspection hours 40 000 360 2500 80,000 60 = 750 Total manufacturing overhead costs are as follows! Machining costs Setup costs Incontin Total IR 720 poi RiT 610 pole Dinamo Product Costing (Activity-Based Costing) Bonus MRK (PTY) LTD produces electrical supplies namely Laptops and financial calculators and operates at=capacity. The company has a policy of allocating overheads using the traditional costing system. The Chairman of the Board of Directors of Bonus MRK (Mr Sheldon-Remza) read an article stating "ABC costing system is the way" and proposed the implementation for the next financial year Data-related to the two products are presented as follows: Annual production in units Direct material costs Direct manufacturing labor costs Laptops 60.000 R240.000 R75-000 Calculators 120,000 R480,000 R 150.000 5.000 10.000 Direct manufacturing labor-hours Machine-hours Number of production runs = Inspection hours 40 000 360 2500 80,000 60 = 750 Total manufacturing overhead costs are as follows! Machining costs Setup costs Incontin Total IR 720 poi RiT 610 pole Dinamo

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