| Overhead Absorption Rate | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 |
|---|---|---|---|
| Total Overhead | |||
| Total Direct Labour Hours | |||
| 40000 | |||
| 8000 | |||
| 5 | |||
| Auto Repairs | |||
| Job Costing Statement - Job No 246 | |||
| £ | £ | ||
| Direct Materials | |||
| Part C124 | 26.5 | ||
| Part D89 | 62.3 | ||
| Component X76 | 14 | 102.8 | |
| Direct Labour (8 hrs x £18) | 144 | ||
| Direct Expenses | 60 | ||
| PRIME COST | 306.8 | ||
| Overheads (8 hrs x £5) | 40 | ||
| TOTAL COST | 346.8 | ||
| Profit (25% of Total Cost) | 86.7 | ||
| SELLING PRICE OF JOB NO 108 | 433.5 |