The following particulars related to the production department of a factory for the month of June, current year. Materia

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The Following Particulars Related To The Production Department Of A Factory For The Month Of June Current Year Materia 1 (205.51 KiB) Viewed 41 times

The following particulars related to the production department of a factory for the month of June, current year. Materials used *180,000 Direct wages * 144,000 Factory overhead charges allocated to the department *216,000 Direct labour-hours worked Hours of machine operation 30,000 20,000 Cost data of a particular work carried out in the above department during June are given below: Material used 18,000 Direct wages *26,250 Labour-hours booked 2,300 Machine hours booked 1,500 What would be factory cost of the work order under the following methods of charging overheads:(i) Direct labour cost rate, (ii) Machine-hour rate and (iii) Direct labour-hour rate.