Accounts - Principles of Accounts
JAMB 2002
Nasara Manufacturing Plc has three direct labour employees that work 40 hours each a week for 50 weeks a year. Factory overhead costs of N60,000 is distributed on the basis of direct labour hours.
Compute the overhead rate?
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A.
N12 per hour
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B.
N16 per hour
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C.
N10 per hour
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D.
N15 per hour
Correct Answer: Option C
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