Great (Pty) Ltd started off producing a single product, called 'A' Price and cost details per unit are: Selling Price R275 Direct Material 5kgs at R20/kg R100 4 hours at R25/hr Direct Labour R100 Manufacturing Overhead R70 Net Profit R5 Product A, requires 10 hours of machine time. Actual manufacturing overheads are incurred according to the following cost volume relationship: Overheads R325 000 R700 000 Machine Hours 25 100 000 000 GREAT breakeven point in units is: 2000000/r25 GREAT break-even value is: R200000/9.090909% = R2 200000 GREAT margin of safety % assuming they sell 12000 units is 33.33% QUESTION1: The production overheads behaviour us best described as Semi-fixed Mixed Semi-variable Can be either mixed or semi-variable as they mean the same QUESTION 2:. GREAT product cost according to variable costing principles is: Prime cost of R200 Full manufacturing cost of R270 Prime cost plus variable manufacturing overhead per unit R250 QUESTION: The PV Ratio is calculated as follows: R25/R275 =9.090909% Daro ID 7-00 000

Great (Pty) Ltd started off producing a single product, called 'A' Price and cost details per unit are: Selling Price R275 Direct Material 5kgs at R20/kg R100 4 hours at R25/hr Direct Labour R100 Manufacturing Overhead R70 Net Profit R5 Product A, requires 10 hours of machine time. Actual manufacturing overheads are incurred according to the following cost volume relationship: Overheads R325 000 R700 000 Machine Hours 25 100 000 000 GREAT breakeven point in units is: 2000000/r25 GREAT break-even value is: R200000/9.090909% = R2 200000 GREAT margin of safety % assuming they sell 12000 units is 33.33% QUESTION1: The production overheads behaviour us best described as Semi-fixed Mixed Semi-variable Can be either mixed or semi-variable as they mean the same QUESTION 2:. GREAT product cost according to variable costing principles is: Prime cost of R200 Full manufacturing cost of R270 Prime cost plus variable manufacturing overhead per unit R250 QUESTION: The PV Ratio is calculated as follows: R25/R275 =9.090909% Daro ID 7-00 000

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Description: please answer all the parts within 30 minutes. answer in details. make sure you answer all the parts else i will give thumbs down. Great (Pty) Ltd started off producing a single product, called 'A. Price and costdetails per unit are:RSelling PriceR27

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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