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Budgeted production in a factory for next period is 480 units. Each unit requires 2 labour hours. Labour is paid $30 per hour. 10% of total labour time is idle time. What is the factory's budgeted labour cost for next period?

A. $28,800
B. $25,920
C. $16,000
D. $32,000

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Zing Co produces candles in the shape of company logos. A company has ordered 50 candles using the design of their company logo. Zing Co will produce these candles together, in a batch. Costs for the batch of 50 candles are:Direct materials: $60Direct wages: $40Overheads: Zing Co absorbs overheads at a rate of 20% of direct wages cost What was the cost per candle in this batch?

A. $1.84
B. $92
C. $2.16
D. $108

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In an integrated accounting system what is the correct entry to record direct labour costs?

A. Debit Production overhead, Credit Wages
B. Debit Wages, Credit Production overhead
C. Debit Work in progress, Credit Wages
Debit Wages, Credit Work in progress

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Which one of the following individuals are most likely to be paid using a piecemeal rate?

An individual working in a factory on a production line producing motor vehicles
B. An individual working in an accountancy practice producing financial statements and analysis
C. An individual working in a restaurant serving meals
D. An individual operating a sewing machine producing jeans

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Which one of the following departments would NOT be treated as a service centre in a factory producing tables?

A. Goods Inwards department
B. Maintenance department
C. Assembly department
D. Goods Outwards department

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Budgeted production in a factory for next period is 480 units. Each unit requires 2 labour hours. Labour is paid $30 per hour. 10% of total labour time is idle time. What is the factory's budgeted labour cost for next period?

A. $28,800 B. $25,920 C. $16,000 D. $32,000

In an integrated accounting system what is the correct entry to record direct labour costs?

Which one of the following individuals are most likely to be paid using a piecemeal rate?

Which one of the following departments would NOT be treated as a service centre in a factory producing tables?

A. $28,800
B. $25,920
C. $16,000
D. $32,000