100 600 ,100 the material cost pool is estimated as $10,500, and the estimate for te per unit of brass and per unit of gold using the traditional method
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- 4 Al Drama Corporation planning to manufacture 5,000 new products in the organization. The estimated costs are given below. Research and development cost OMR 20,000 Manufacturing cost OMR 5 per unit Production and construction cost OMR 7,000 Repair cost OMR 3,000 Maintenance cost OMR 5,000 Decommissioning cost OMR 1,000 Choose the total life cycle cost per unit of new product: a. OMR 12.2 b. None of these c. OMR 14.2 d. OMR 13.2XYZ Ltd. has the following costs for 1,000 units: Total Cost Direct materials E 1.500 Direct labour 7,500 Depreciation on building 30,000 What is the total amount of direct materials for 100 units? a. £1.50 b. £225.00 c. £3.00 d. £150.00 Cost per Unit € 1.50 7.50 30.00Table 8: THE ROGER COMPANY CASE The Roger Company produces product NRV by heating materials X, Y, and Z. Normal evaporation loss is 20%; thus, 1,000 gallons of input are anticipated to yield an output of 800 gallons. STANDARDS for 800 gallons of NRV: Material X Material Y Material Z Totals/Weighted Average OUTPUT of 40,000 gallons, actual costs: Material X Material Y Material Z Totals/Weighted Average GALLONS 600 300 100 1,000 GALLONS 26,000 18,200 7,800 52,000 PRICE PER GALLON $0.80 $1.20 $1.60 $1.00 PRICE PER GALLON $0.82 $1.23 $1.67 $1.091 TOTAL $480 360 160 $1,000 TOTAL $21,320 22,386 13,026 $56,732 Use the above information to calculate the materials price and efficiency variances. Then break down the efficiency variance into the mix and yield variances. Explain any computational similarities as compared to the calculations of any of those variances you calculated for the
- provide correct answer please144 Cost per Equivalent Unit The cost of direct materials transferred into the Rolling Department of Kraus Company is $523,800. The conversion cost for the period in the Rolling Department is $304,000. The total equivalent units for direct materials and conversion are 2,700 tons and 4,750 tons, respectively. torial and conversion costs ner covalent unitQuestion: Pioner limited makes four component A, B, C and D for which cost in the forthcoming year are expected to be as follows: A B C D Production (units) 22,000 16,000 26,000 18,000 Rupees per unit Direct material 32 28 36 40 Direct labour 30 28 32 28 Variable Overhead 6 8 4 4 68 64 72 72 A sub-contractor has offered to supply units of A, B, C and D for Rs. 75, Rs. 71, Rs. 73 and Rs. 65 respectively. Required: Which product should buy or make.
- Please provide correct solution for correct answerQ1: Consider a simple three-step manufacturing process as illustrated in the given figure. Assuming that demand is 1,000 units, what is the required input to meet demand? Assume that the scrap cost is $5 at process 1, $10 at process 2, and $15 at process 3. The defective rates are 3%, 5%, and 7%, respectively. Compute the total scrap cost for the given system. 1 d₂ = 3% 2 d₂ = 5% 3 d₂ = 7%Ilustration 5.8: From the following information, compute machine hour rate : Rs.44,000 Rs.4,000 Rs.25,000 Cost of the machine Scrap value Rent for the workshop(per annum) General lighting for the workshop (per month) Power consumption 20 units per hour Rs.160 : Rs.20 per 100 units Administrative expenses allocated to the machine (p.a.) : Rs.4,000 Repairs and maintenance Workshop supervisor's salary (per month) Estimated working time per year Setting up time which is regarded as productive time (p.a.) : 75% of depreciation Rs.3,000 : 50 weeks of 40 hours : 200 hours Effective life of the machine 10 years The machine occupies 1/4" area of the workshop. The supervisor is expected to devote 1/3rd of his time in supervising the machine. [Rs.18.47]
- Company XYZ produced 1,000 units of product A. The total manufacturing costs were $30,000. The Manufacturing overhead cost was twice the direct labor cost while the direct materials cost was three times the direct labor cost. What was the manufacturing overhead cost per unit? a. None of the given answers b. 5 С. 15 d. 6 e. 10Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Rates Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory ME $ 5.00 per direct labor-hour $ 4.00 per machine-hour $ 60.00 per setup $ 100.00 per order $ 120.00 per shipment $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: 378 852 Direct materials cost per unit Direct labor cost per unit $ 3.50 $ 20.00 $ 3.75 Number of units produced per year $9.00 400 2,000 Direct labor-hours Machine-hours Machine setups Production orders Chinmante Total Expected Activity 378 852 1,200 40 2,800 20 4 4 A 7 7 41) Calculate the materials cost of each product per ton of coal