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The Fabric Plant produces three types of fabric: Standard, Deluxe and Luxury. Each fabric is totally different and has its owThe Fabric Plant and the Bedding Plant used normal costing system. Both plants used plantwide overhead rate based on direct lRequired (All workings should be detailed and clearly presented.) (a) What is the production cost per bolt for Deluxe fabric?

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Answer #1

Production Cost per Bolt for Deluxe:

Particular Amount Amount
Waving: Material 800000
Labour 80000
Dying: Material 18000
Labour 55000
Mfr Overhead 526500
Total Exp 1479500

Production Cost per Bolt= 1479500/2000= 739.75

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