9706/12 Accounting May Jun 2022 Online Test | Cambridge AS and A Level MCQ

A business has two production departments: machining and assembly. The budgeted direct labour hours for each department are:
machining 4000
assembly 16 000.
The business has calculated overhead absorption rates as:
machining $12 per direct machining hour
assembly $7.70 per direct labour hour.
Insurance of $4800 relating to the assembly department was incorrectly omitted when making…