Order 204 off bracket Material costs type A123 @ £45 unit sale price £545 Production cost centres Blanking 80 hours Assembly £5.50/hour 140 hours Machine hour base £20/hour Labour hour base N/A Labour OAR Machine time 40 hours Job number 11 Finishing £4/hour 60 hours £4.50/hour £9/hour Labour hour base £12/hour N/A General OAR 18% of production cost Calculate the profit per cost unit, giving your answer in £ to the nearest penny (omitting the £ symbol). For example, for £12.3456 you would enter 12.35

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Consider the job card
Order
204 off bracket
Material costs
Previous
type A123
£545
Production cost centres
Blanking
80 hours
Labour
OAR
Machine time 40 hours
£45 unit sale price
Assembly
£5.50/hour 140 hours
Machine hour base £20/hour Labour hour base
N/A
Job number 11
Finishing
£4/hour 60 hours
£4.50/hour
£9/hour Labour hour base £12/hour
N/A
General OAR
18% of production cost
Calculate the profit per cost unit, giving your answer in £ to the nearest penny (omitting the £ symbol).
For example, for £12.3456 you would enter 12.35
Type your answer.....
Transcribed Image Text:Consider the job card Order 204 off bracket Material costs Previous type A123 £545 Production cost centres Blanking 80 hours Labour OAR Machine time 40 hours £45 unit sale price Assembly £5.50/hour 140 hours Machine hour base £20/hour Labour hour base N/A Job number 11 Finishing £4/hour 60 hours £4.50/hour £9/hour Labour hour base £12/hour N/A General OAR 18% of production cost Calculate the profit per cost unit, giving your answer in £ to the nearest penny (omitting the £ symbol). For example, for £12.3456 you would enter 12.35 Type your answer.....
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