Meg Dolls June 2004

KVeevers
KVeevers Registered Posts: 67 Regular contributor ⭐
hello

does someone got the answers to meg doll?

task 1.5 fixed overhead absoption for the manufacturin departmend

or can someone explain who i calculate the answer

Comments

  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    KVeevers

    Rather than simply give you the answer, hopefully I can guide you there for yourself.
    Task 1.5 asks
    Use the data from task 1.4 to calculate the budgeted fixed overhead absorption rate for the manufacturing department for November
    So go back to your answer to 1.4
    • What was the total budgeted fixed overhead for the manufacturing department?

    Next look at the 3 bullet points of data.
    1. One is for budgeted direct labour hours, one actual direct labour hours, the third the material cost.
    2. Which of these is useful to try to find the BUDGETED fixed overhead absorption rate?
    3. Then divide your value from task 1.4 by your chosen amount to produce, the BUDGETED fixed overhead absorption rate on the basis of budgeted direct labour hours

    I hope this sets you in the right direction. All the information is there, some of your own, some in the additional data for the task.
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • KVeevers
    KVeevers Registered Posts: 67 Regular contributor ⭐
    hello

    thank you so how i calculated it was

    Manufact. Overheads / budget Hours =

    12000 £ / 20000 h = 0.60 £

    so to get the answer 1.6 Manufactor Dep. Overheards

    i divided 0.60 £ by the hours worked 12000 h gives me 7200 £

    so my Doll cost is 3.455555 = 3.41 £

    is that right ??? im so confused

    many thanks in advance
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    I'm sorry
    I'm not going to be in college until next Tuesday, so unless you can either point me in the direction of the question or type it up I won't be able to help at the moment.
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    Meg Doll

    Direct costs.........................................................£
    Pink plastic (from task 1.1) ..................................39,200
    Direct labour (from task 1.3).................................76,200
    Indirect costs
    Manufacturing department overheads (task 1.5)..........7200
    Total cost of production......................................122,600

    Divided by production 36,000 dolls
    Unit cost of production £3.4055 rounded to nearest whole pence £3.41
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    You were correct
    What had confused you?

    Would you be worried if you saw a similar task in your exam?
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • KVeevers
    KVeevers Registered Posts: 67 Regular contributor ⭐
    i think just was worried many thanks
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