The production department of a factory furnishes the following information for the month of March,
Materials used Rs. 54,000
Direct Wages Rs. 45,000
Overheads Rs. 36,000
Labor hours worked – 36,000
Hours of machine operation – 30,000
For an order executed by the department during the period, the relevant information was as under.
Materials used Rs.6,00,000
Direct Wages Rs.3,20,000
Labor hours worked – 3,200
Machine hours worked – 2,400
Calculate the overhead charges chargeable to the job by the following methods, i. Direct materials cost percentage rate ii. Labor hour rate and iii. Machine hour rate.