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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.