Labour Hour Rate – NBC Institute

MI – Nov 2021 – L1 – SB – Q1a – Costing Methods

Calculate overhead absorption rate per unit based on labour hours.

Question

ABCD is into manufacturing of two products, AB and CD, using similar equipment and methods. The following data were collected from the company’s record:

Calculate the overheads to be absorbed per unit of each product based on
i. Conventional absorption costing using predetermined labour hour
absorption rate. (6 Marks)
ii. An ABC approach using suitable cost drivers. (9 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Costing, Labour Hour Rate, Overhead Absorption
Level: Level 1

Topic: Costing Methods
Series: NOV 2021

Question Tag: Labour Hour Rate

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

MI – Nov 2021 – L1 – SB – Q1a – Costing Methods

Calculate overhead absorption rate per unit based on labour hours.

MI – Nov 2021 – L1 – SB – Q1a – Costing Methods

Calculate overhead absorption rate per unit based on labour hours.

Our offerings

Contact Info

Customer

Get In Touch

Question Tag: Labour Hour Rate

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

MI – Nov 2021 – L1 – SB – Q1a – Costing Methods

Calculate overhead absorption rate per unit based on labour hours.

You're reporting an error for "MI – Nov 2021 – L1 – SB – Q1a – Costing Methods"

MI – Nov 2021 – L1 – SB – Q1a – Costing Methods

Calculate overhead absorption rate per unit based on labour hours.

You're reporting an error for "MI – Nov 2021 – L1 – SB – Q1a – Costing Methods"

Our offerings

Contact Info

Customer

Get In Touch

admin