8. Camden Ltd. makes two products, X and Y, each of which passes through two production departments. Budgeted production is 30,000 units of each product and fixed overheads are absorbed on the basis of direct labour hours. The following budgeted data are available: Dept. 1 Dept. 2 Fixed overheads £360,000 £200,000 Variable overheads per direct labour hour £1.00 £2.00 Direct labour hours per unit of X 8 h 6 h Direct labour hours per unit of Y 4 h 2 h Calculate the fixed overheads absorption rate for Dept. 1: A. £1 per labour hour B. £2 per labour hour C. £3 per labour hour D. £4 per labour hour.

8. Camden Ltd. makes two products, X and Y, each of which passes through two production departments. Budgeted production is 30,000 units of each product and fixed overheads are absorbed on the basis of direct labour hours. The following budgeted data are available: Dept. 1 Dept. 2 Fixed overheads £360,000 £200,000 Variable overheads per direct labour hour £1.00 £2.00 Direct labour hours per unit of X 8 h 6 h Direct labour hours per unit of Y 4 h 2 h Calculate the fixed overheads absorption rate for Dept. 1: A. £1 per labour hour B. £2 per labour hour C. £3 per labour hour D. £4 per labour hour.

Name: 8. Camden Ltd. makes two products, X and Y, each of which passes thro
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Description: 8. Camden Ltd. makes two products, X and Y, each of which passes throughtwo production departments. Budgeted production is 30,000 units of eachproduct and fixed overheads are absorbed on the basis of direct labourhours. The following budgeted data a

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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