Business, 29.10.2021 01:50 andyyandere8765
Starbex Ltd. manufactures a single product for which the following data based on a budgeted capacity of 196,000 units per month, are as follows:
Stock, output and sales data (in units)
Details January
Sales 160,000
Opening stock 30,000
Closing stock 80,000
Production 210,000
Cost Data
Details $
Direct materials 50
Direct labour 25
Variable Production Overheads 43
Fixed administrative and selling overheads were estimated at $300,000 and $420,000 respectively. During the periods, the company sold one unit of its product for $180 and Total Fixed Production Overheads were $2,940,000.
Required:
(a) Determine the full cost per unit. (3 marks)
(b) What is the marginal cost per unit? (2 marks)
(c) Show the profit situation using Marginal costing principles. (7 marks)
(d) Show the profit situation using Absorption costing principles. (8 marks)
Answers: 1
Business, 22.06.2019 07:30, taridunkley724
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Business, 22.06.2019 10:00, sherylpoche23
Marco works in the marketing department of a luxury fashion brand. he is making a presentation on the success of a recent marketing campaign that included a fashion show. which slide elements can he use to include photographs and footage of the fashion show in his presentation? marco can use the: table images audio option to include photographs and the: flowcharts images video option to include footage of the fashion show.
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Business, 22.06.2019 13:00, eggoysters
Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:
Answers: 1
Business, 22.06.2019 19:40, cieloromero1
Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40
Answers: 3
Starbex Ltd. manufactures a single product for which the following data based on a budgeted capacity...
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