| Overhead Absorption Rate | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 |
|---|---|---|---|
| Total Overhead | |||
| Total Direct Machine Hours | |||
| 50000 | |||
| 5000 | |||
| 10 | |||
| Ace Engineers Plc | |||
| Job Costing Statement - Job No 610 | |||
| £ | £ | ||
| Direct Materials | |||
| A12 | 98 | ||
| C68 | 32.75 | ||
| D98 | 26.2 | 156.95 | |
| Direct Labour (8 hrs x £15) | 120 | ||
| Direct Expenses | 0 | ||
| PRIME COST | 276.95 | ||
| Overheads (6 hrs x £10) | 60 | ||
| TOTAL COST | 336.95 | ||
| Profit (25% Profit Margin) | 112.31666666666666 | ||
| SELLING PRICE OF JOB NO 610 | 449.26666666666665 |