Question 3Gajah Sdn Bhd makes two products (Alpha and Beta) that require direct materials,direct labour and overhead. The operations for next month are:AlphaRMBetaRevenueDirect materialDirect labourOverhead:Direct material relatedDirect labour relatedRM300,00060,00095,000TotalRM400,00090,000135,000100,00030,00040,00013,50040,500Required :a) Gajah uses a two-stage cost allocation system. It uses direct material costs toallocate direct materials related overhead and direct labour costs to allocate directlabour related overhead costs:i.Calculate the direct material related overhead rate for next month.ii.Calculate the direct labour related overhead rate for next monthiii.What is the total overhead allocated to product Alpha next month?iv.What is the total overhead allocated to product Beta next month?

Formula used - Predetermined overhead rate = Estimated overhead Estimated allocation base

Answered: Question 3 Gajah Sdn Bhd makes two…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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