Question

AICPA $ ^{\circ} \& $ CIMA Dashboard Competencies Learning Report $ \checkmark $ Aderinsola Samuel (3) ? The following information on SAO is available: \begin{tabular}{lrr} & Cutting & Assembly \\ Direct labour hours & 35,000 & 12,000 \\ Machine hours & 1,000 & 9,500 \\ Apportioned overheads(\$\$) & 370,000 & 125,000 \end{tabular} Based on the most appropriate basis for absorption, calculate the overhead absorption rate for the cutting department. Give your answer in $ \$ \$ $ to two decimal places. Do not include symbols, commas or letters in your response. Solution

          AICPA \( ^{\circ} \& \) CIMA
Dashboard
Competencies
Learning
Report
\( \checkmark \) Aderinsola Samuel (3) ?
The following information on SAO is available:
\begin{tabular}{lrr} 
& Cutting & Assembly \\
Direct labour hours & 35,000 & 12,000 \\
Machine hours & 1,000 & 9,500 \\
Apportioned overheads(\$\$) & 370,000 & 125,000
\end{tabular}

Based on the most appropriate basis for absorption, calculate the overhead absorption rate for the cutting department.
Give your answer in \( \$ \$ \) to two decimal places. Do not include symbols, commas or letters in your response.

Solution

AICPA ^∘& CIMA
Dashboard
Competencies
Learning
Report
Aderinsola Samuel (3) ?
The following information on SAO is available:

Cutting Assembly

Direct labour hours 35,000 12,000

Machine hours 1,000 9,500

Apportioned overheads($$) 370,000 125,000

Based on the most appropriate basis for absorption, calculate the overhead absorption rate for the cutting department.
Give your answer in $$ to two decimal places. Do not include symbols, commas or letters in your response.

Solution

Added by Cynthia J.

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