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 84000 Direct materials RM 60000 Variable manufacturing overhead RM ? Fixed manufacturing overhead RM 39000 Variable selling & administrative costs RM 8400 Fixed selling & administrative costs RM 12000 Format a) Given that the manufacturing cost per unit is RM110, calculate the VARIABLE manufacturing overhead costs in year 2018. : 394000 b) Using the that you have calculated in part (a), compute the following: Format i. Total variable costs : 527300 Format ii. Total variable costs per unit : 86.96 Format iii. Total costs : 527500 c) Based on the current selling price set by the company, calculate the following: Format i. Profit per unit for the sold micron filter. : 23.82 Format ii. Contribution margin per unit of the micron filter : 50.48 Format iii. Break-even sales amount : 545358

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 84000 Direct materials RM 60000 Variable manufacturing overhead RM ? Fixed manufacturing overhead RM 39000 Variable selling & administrative costs RM 8400 Fixed selling & administrative costs RM 12000 Format a) Given that the manufacturing cost per unit is RM110, calculate the VARIABLE manufacturing overhead costs in year 2018. : 394000 b) Using the that you have calculated in part (a), compute the following: Format i. Total variable costs : 527300 Format ii. Total variable costs per unit : 86.96 Format iii. Total costs : 527500 c) Based on the current selling price set by the company, calculate the following: Format i. Profit per unit for the sold micron filter. : 23.82 Format ii. Contribution margin per unit of the micron filter : 50.48 Format iii. Break-even sales amount : 545358

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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How would each of the following costs be classified if units produced is the activity base? a. Salary of factory supervisor ($120,000 per year) b. Straight-line depreciation of plant and equipment c. Property rent of $11,500 per month on plant and equipment
What are the fixed overhead costs of making the component?