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1 markJob and Batch Costing

CAPE Accounting Unit 2 · 2002 · Paper 2 · Question 2(b)(iii)

Cost records for Job ABQ31 for January show direct materials, direct manufacturing labour cost, direct manufacturing labour hours, and machine hours for both Machining and Finishing departments.

Job ABQ31 consisted of 400 units. What is the cost per unit?

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Other parts of this question

  1. 2(a)Calculate the predetermined overhead rates for the machining department and finishing department.[4 marks]
  2. 2(b)(i)Calculate the total overhead cost allocated to Job ABQ31.[3 marks]
  3. 2(b)(ii)Prepare the job cost sheet for Job ABQ31.[6 marks]
  4. 2(c)(i)Calculate the amount of machining department overhead allocated to Job ABQ31 using Activity-Based Costing.[13 marks]
  5. 2(c)(ii)Calculate the cost per unit for the 400 units manufactured assuming that the finishing department still uses the traditional job costing method.[4 marks]
  6. 2(d)Calculate the under or over allocated manufacturing overhead for the finishing department using the predetermined rate calculated in (a) and the information…[4 marks]

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