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MANAGERIAL ACCOUNTING
DDW 2243
(SAS)
Quiz:
Marikh Ltd undertook three job in January 2008. All jobs were started in January
2008. The costs associated with the job, for the month of January were as follow:-
Material issued from stores
Material return to store
Special material purchased
Direct wages
Job X1
3,000
30
100
600
RM
Job X2
7,000
70
2,000
Job X3
5,000
300
400
It is estimated that overhead for 2008 as RM50,000 and the direct labour hours as
25,000. Overhead is to be absorbed on a direct labour hour basis. Overhead incurred in
January was RM4,000.
Direct workers are to be paid RM1 per hours.
Job X1 was the only job completed and dispatched in January. The selling price is
RM7,000.
Prepare the tabulated cost cards for Job X1, X2 and X3.
MANAGERIAL ACCOUNTING
DDW 2243
(SAS)
Quiz:
Marikh Ltd undertook three job in January 2008. All jobs were started in January
2008. The costs associated with the job, for the month of January were as follow:-
Material issued from stores
Material return to store
Special material purchased
Direct wages
Job X1
3,000
30
100
600
RM
Job X2
7,000
70
2,000
Job X3
5,000
300
400
It is estimated that overhead for 2008 as RM50,000 and the direct labour hours as
25,000. Overhead is to be absorbed on a direct labour hour basis. Overhead incurred in
January was RM4,000.
Direct workers are to be paid RM1 per hours.
Job X1 was the only job completed and dispatched in January. The selling price is
RM7,000.
Prepare the tabulated cost cards for Job X1, X2 and X3.