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

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.

Calculate the total overhead cost allocated to Job ABQ31.

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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)(ii)Prepare the job cost sheet for Job ABQ31.[6 marks]
  3. 2(b)(iii)Job ABQ31 consisted of 400 units. What is the cost per unit?[1 mark]
  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]

More practice: the rest of this paper · more Job and Batch Costing questions · all CAPE Accounting Unit 2 past papers