Question: Question 2 (This question provides evidence for CILO 2) ---/25 Marks) Mr. Isa and Co. has provided the following information from its cost records in
Question 2 (This question provides evidence for CILO 2) ---/25 Marks) Mr. Isa and Co. has provided the following information from its cost records in respect of job number! 4: Materials used BD 10000 Direct Wages: Department X - 100 hours at BD20 per hour Department Y - 140 hours at BD 10 per hour Department 2 - 60 hours at BD14 per hour Overhead for these three departments were estimated as follows: > Variable overheads: Department X-BD20000 for 2000 Direct labour hours Department Y - BD120000 for 4000 Direct labour hours Department Z BD180000 for 6000 Direct labour hours Fixed overheads: BD160000 for 4000 direct labour hours Calculate the total cost for order No.14 using Job-order costing system, then calculate the price for this order that gives a profit of 40% on total cost. Show your answer in the following table and the calculations below. Show your calculations here: (----/11 marks)
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