Calculate the total cost of the job and the profit

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Reference no: EM131201826

Practice questions:

A company has established the following annual budgets:

134_Annual Budget.jpg

A job has been accepted which has the following direct costs:

Direct materials 18 kg @ £5.10 per kg

Direct wages:

Dept 1 18 hours @ £3.50 per hour

Dept 2 32 hours @ £3.00 per hour

Calculate the total cost of the job and the profit as a percentage of costs if the selling price is £500.

Reference no: EM131201826

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