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

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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