Birk Applies Overhead to Jobs at a Predetermined Rate of 80

question 20

Multiple Choice

Birk applies overhead to jobs at a predetermined rate of 80% of direct Labour cost. Job No. 5, the only job still in process on April 30, has been charged with direct Labour of £2,000. What was the amount of direct materials charged to Job No. 5

• A)£3,000
• B)£5,200
• C)£8,800
• D)£24,000

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Definitions:

Physical Principles

Fundamental concepts or laws that govern the physical behavior of the universe, such as gravity, thermodynamics, and electromagnetism.

Mental Images

Visual representations in the mind that are not currently being perceived, often used in memory and problem-solving.

Structural Equivalence

A concept often used in network analysis and sociology, referring to the degree to which entities in a network have a similar pattern of connections to others, irrespective of the entities' individual attributes.