Jardine Ltd is developing factory overhead rates
Question 1 Jardine Ltd is developing factory overhead rates for the coming year. Budgeted overhead costs for the five factory departments are as follows: Cost ($) Cost Driver Milling 79,500 Machine hours Finishing 84,600 Direct labour hours Maintenance 40,500 Repair hours Factory storeroom 52,800 Requisitions Factory office 37,800 No. of employees Total $295,200 Estimated operating statistics for the coming year are: Departments Repair hours No. of Requisitions No. of employees Machine hours Direct labour Hours Production: Milling 5,000 420 10 7,500 12,750 Finishing 2,500 240 8 4,000 11,250 Support: Maintenance 400 80 2 Factory…
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