Question

10. During the month of March 2008, the machine worked only on
Job No. 20. The total hours worked on Job No. 20 is 150. Other 30
hours were lost due to lack of proper co-ordination. The cost of
material and labour on the job amounted * 4,000 and 1,000
respectively. Composite machine hour rate is 35 in which
standing charges of the machine per hour is * 15.
You are required to calculate the cost of Job No. 20 and the amount
of abnormal loss to be transferred to costing P & L A/c.​

Answer 1

Composite machine hour rate is 35 in which

standing charges of the machine per hour is * 15.

You are required to calculate the cost of Job No. 20 and the amount

of abnormal loss to be transferred to costing P & L A/c.

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