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ac ts assistant, you have been asked to assist with completing the overnead budget for the period ending 31 December 2001.

ac ts assistant, you have been asked to assist with completing the overnead budget for the period ending 31 December 2001.

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter9: Cost Accounting For Service Businesses, The Balanced Scorecard, And Quality Costs
Section: Chapter Questions
Problem 5P: Using the information for Crable and Tesch, the systems consultants in P9-3 and P9-4, prepare a...
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b) Calculate appropriate overhead absorption rates for the three production departments.
The following costs and relevant data, which represent normal activity levels, have been budgeted for the period ending 31 December 2001. Costs Indirect wages Depreciation Rates Power Personnel Insurance Other data Direct labour hours Machine hours Floor area (m2) Fixed assets Employees Production Departments A N$'000 15 B C N$'000 N$'000 21 8 7,250 9,000 15,000 20,000 2,500 15,500 800 1,200 1,000 N$160,000 40 Service Dept. N$'000 58 Total 2,000 1,400 N$'000 102 84 22 180 60 48 31,250 40,000 4,400 N$140,000 N$30,000 N$70,000 N$400,000 56 94 50 240 As accounts assistant, you have been asked to assist with completing the overhead budget for the period ending 31 December 2001.
Transcribed Image Text:The following costs and relevant data, which represent normal activity levels, have been budgeted for the period ending 31 December 2001. Costs Indirect wages Depreciation Rates Power Personnel Insurance Other data Direct labour hours Machine hours Floor area (m2) Fixed assets Employees Production Departments A N$'000 15 B C N$'000 N$'000 21 8 7,250 9,000 15,000 20,000 2,500 15,500 800 1,200 1,000 N$160,000 40 Service Dept. N$'000 58 Total 2,000 1,400 N$'000 102 84 22 180 60 48 31,250 40,000 4,400 N$140,000 N$30,000 N$70,000 N$400,000 56 94 50 240 As accounts assistant, you have been asked to assist with completing the overhead budget for the period ending 31 December 2001.
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