Direct labour is paid at a rate of rm8 per hour., Ask an Expert

Accounting

a company operates a job costing system. Job number 607 requires RM300 of direct materials, RM400 of direct labour and RM100 of direct expenses. Direct labour is paid at a rate of RM8 per hour. Production overheads are absorbed at a rate of RM40 per direct labour hour and non-production overheads are absorbed at a rate of 150% of prime cost.

What is the total cost of job number 607?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9413658

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