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(b) Following information in respect of Job No. 333 isgiven :MaterialsRs 5,800Wages:Department A- 100 hours @ Rs 5 per hourDepartment B- 200 hours @ Rs 3 per hourOverheads for the two departments are maintained as:(i) Variable overheads:Deptt A Rs 10,000 for 5,000 direct labour hoursDeptt B Rs 30,000 for 10,000 direct labour hours(ii) Fixed overheads:Rs 50,000 for 50,000 normal working hoursCalculate the cost of this job and also the price to becharged so as to give a profit of 20% on selling price. |
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