Question: using the Simultaneous equation instead of the repeated distribution method. Overhead is absorbed on a machine hour basis. It has been estimated that service department

using the Simultaneous equation instead of the repeated distribution method.
 using the Simultaneous equation instead of the repeated distribution method. Overhead
is absorbed on a machine hour basis. It has been estimated that

Overhead is absorbed on a machine hour basis. It has been estimated that service department +?sage is as follows: Required: (a) Define (i) Overhead allocation [1 mark] (ii) Overhead apportionment. [1 mark] (b) Prepare a schedule of the overhead costs to be charged to departments A, B and C, using the repeated distribution method to apportion the service department costs to the production departments. (Work to the nearest S.) [15 marks] (c) Calculate the overhead absorption rates for the period for departments A, B and C. (2 dp) [3 marks] (d) Calculate the selling price of Job 189C to the nearest $ based on the estimates below and \$) [15 marko] [3 maka]

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