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Part One Brewer, P.C., Garrison, R.H. & Noreen, E.W. (2013). Introduction to Managerial Accounting (6th). New York: McGraw-Hill Irwin. ISBN: 9780078025419. Assignment Question(s): Q1. ABC Corporation applies job order costing system and the information drawn from its costing records as follows 🙁 2 Marks) Particular Job 100 Job 200 Total Direct material per 50 SR 75 SR unit Direct labour rate 15 SR 20 SR per hour Direct labour hour 2 4 per unit Yearly estimated 20,000 hours direct labour hour Yearly estimated 100,000 SR fixes overhead Overhead variable 5 SR cost per direct hour Yearly estimated 5,000 hours machine hours During January 2021, the corporation produced and sold 3000 units from job order no. 100 and 3500 units from job order no. 200 respectively. The corporation uses normal costing system that charge applied overhead to jobs.
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