FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A ASSIGNMENT NO.1 BUSS 104.pdf (page 4 of 4)
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Question 5:
The Information below is taken from production department of Salalah Company for April:
The number of units produced is 10000. All amounts are in OMR.
Total Costs
Variable Cost
Fixed Cost
500000
Direct material cost
Total labor cost
400000
100000
Manufacturing Overhead
90000
30000
Calculate:
A. Find the missing information in the above table. Some values may not be applicable, explain.
B. Calculate cost per unit
C. Describe the production costs in the equation form Y f+ vX.
D. Assume Salalah intends to produce 10000 units next month. Calculate total production costs
for the month
Transcribed Image Text:File Edit View Go Tools Window Help A ASSIGNMENT NO.1 BUSS 104.pdf (page 4 of 4) Q Search Question 5: The Information below is taken from production department of Salalah Company for April: The number of units produced is 10000. All amounts are in OMR. Total Costs Variable Cost Fixed Cost 500000 Direct material cost Total labor cost 400000 100000 Manufacturing Overhead 90000 30000 Calculate: A. Find the missing information in the above table. Some values may not be applicable, explain. B. Calculate cost per unit C. Describe the production costs in the equation form Y f+ vX. D. Assume Salalah intends to produce 10000 units next month. Calculate total production costs for the month
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