The following information has been collected from the cost records of P&L company for the year ended 31st October, 2021: Direct Materials                               500,000 Direct Labour                                   400,000 Direct Expenses                                40,000 Works Overheads                           320,000 Office Expenses                              189,000 The total number of direct labour hours were 200,000 involving 80,000 machine hours. I. Calculate the percentage on direct wages II. Calculate the productive labour hours rate III. Calculate the machine hour rate

(c) Calculate the total manufacturing overhead cost for the period. $  __________________ (d) Calculate the total manufacturing cost for the period. $ __________________

hrl.3

For the year ended December 31, 2022, the job cost sheets of Blossom Company contained the following data. JobNumber   Explanation   DirectMaterials   DirectLabor   ManufacturingOverhead   TotalCosts 7640   Balance 1/1   $20,000   $19,200   $23,040   $62,240     Current year’s costs   24,000   28,800   34,560   87,360 7641   Balance 1/1   8,800   14,400   17,280   40,480     Current year’s costs   34,400   38,400   46,080   118,880 7642   Current year’s costs   46,400   44,000   52,800   143,200 Other data: 1.   Raw materials inventory totaled $12,000 on January 1. During the year, $112,000 of raw materials were purchased on account. 2.   Finished goods on January 1 consisted of Job No. 7638 for $69,600 and Job No. 7639 for $73,600. 3.   Job No. 7640 and Job No. 7641 were completed during the year. 4.   Job Nos. 7638, 7639, and 7641 were sold on account for $424,000. 5.   Manufacturing overhead incurred on account totaled…