Enjin Vroom Sdn Bhd operates a factory at the Senawang Industrial Zone that manufacture micron filter for diesel engine. The data given below are for costs in year 2018 for producing and selling 2900 units of the micron filter. Currently, each micron filters been sold at RM180. Direct labour RM 82000 Direct materials RM 60000 Variable manufacturing overhead RM? Fixed manufacturing overhead RM 34000 Variable selling & administrative costs RM 6600 Fixed selling & administrative costs RM 12000 a) Given that the manufacturing cost per unit is RM110, calculate the VARIABLE manufacturing overhead costs in year 2018. b) Using the that you have calculated in part (a), compute the following: i. Total variable costs ii. Total variable costs per unit iii. Total costs c) Based on the current selling price set by the company. calculate the following: L Profit per unit for the sold micron filter. ii. Contribution margin per unit of the micron filter iii. Break-even sales amount d. Due to change of supplier, the direct materials cost has increased by 10%. The company's new lean manufacturing practice has successfully reduced the fixed manufacturing overhead expenses by RM10,000 per year. Calculate the new breakeven units. Format: 288000 Format: 692700 Format: 400.29 Format: 526600 Format: 34.39 Format: 45.22 Format: 502834 Format: 743
Enjin Vroom Sdn Bhd operates a factory at the Senawang Industrial Zone that manufacture micron filter for diesel engine. The data given below are for costs in year 2018 for producing and selling 2900 units of the micron filter. Currently, each micron filters been sold at RM180. Direct labour RM 82000 Direct materials RM 60000 Variable manufacturing overhead RM? Fixed manufacturing overhead RM 34000 Variable selling & administrative costs RM 6600 Fixed selling & administrative costs RM 12000 a) Given that the manufacturing cost per unit is RM110, calculate the VARIABLE manufacturing overhead costs in year 2018. b) Using the that you have calculated in part (a), compute the following: i. Total variable costs ii. Total variable costs per unit iii. Total costs c) Based on the current selling price set by the company. calculate the following: L Profit per unit for the sold micron filter. ii. Contribution margin per unit of the micron filter iii. Break-even sales amount d. Due to change of supplier, the direct materials cost has increased by 10%. The company's new lean manufacturing practice has successfully reduced the fixed manufacturing overhead expenses by RM10,000 per year. Calculate the new breakeven units. Format: 288000 Format: 692700 Format: 400.29 Format: 526600 Format: 34.39 Format: 45.22 Format: 502834 Format: 743
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
QC 19.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education