Mauna Enterprise produces shoes for overseas market. The company produces 30,000 units of total output and the production rate is 30 minutes per unit with eight (8) working hours per day. The regular rate is RM S per hour. Calculate the regular production cost Answer A RM 75,000 B RM70,000 C RM65,000 D RMG0.000 62014-2022
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- QUESTION 1 Nice2022 Limited is a company producing and selling plastic products. Sales price per unit is RM20.00. Below is the information on the production and sales of the product for 2021: Cost per unit: RM Direct material 0.90 Direct labour 2.50 Variable overhead 0.50 Fixed overhead 0.50 Other costs: RM Variable selling expenses 5% from total sales Fixed selling expenses 25,000 Fixed administration expenses 15,000 Unit Unit produced, sold and stock: Sales 130,000 Opening stock Production 10,000 150,000 Additional information: ● Budgeted fixed overhead amounted to RM105,000 . Budgeted production are 175,000 units You are required to: a) Calculate the over/under absorbed of overhead. b) Prepare the statement of profit and loss using the absorption costing format. c) Show the marginal profit/loss by preparing the profit reconciliation statement#11 Maju Jaya Enterprise has 20 direct workers who work 26 days a month. The production rate is 30 minutes per unit with eight (8) working hours per day. The regular labor cost is RM10 per hour. Calculate the regular production rate per month Answer A 8,450 units B 8,650 units .2014-2022 Chat With Us ENG 9:27 AM uS 2/22/20226. %24 iz/attempt.php?attempt3D216068&cmid3D185308&page=D1 The manufacturing capacity of Jordan Company's facilities is 30,000 units a year. A summary of operating results for last year follows: Sales (18,000 units @ 000'008 Variable costs 000'066 Contribution margin 000'018 Fixed costs Net operating income $315,000 A foreign distributor has offered to buy 12,000 units at $95 per unit next year. Jordan expects its regular sales next year to be 20,000 units at $100 per unit. If Jordan accepts this offer for 12,000 units and rejects some business from regular customers so as not to exceed capacity, what is the expected total net operating income for next year? (Assume that the total fixed costs would be the same no matter how many units are produced and sold.) Select one: $795,000 $735,000 Clear my choice pe here to search 81 15 f4 f3 #
- PROBLEM 8. The Color Company manufactures and sells two products. The selling prices and variable costs of the products are as follows: Blujets Blupens Selling prices Variable costs P20 P40 8 24 The sales for 2021 were in the ratio of 3 Blujets to 1 Blupen. Sales volume for 2021 was P1 million. Fixed costs for 2020 amounted to P390,000. Requirements: 1. Compute the number of units sold in 2021 for each product. 2. Compute the breakeven sales in pesos and in units. 3. Compute the composite breakeven for the company.Question17 Given the information shown below, what are the costs for the production labor category for the weekly sales estimate level of $20,000? Labor Category Management 10.0% Service % Cost to Production 15.0% Sanitation Total Sales Total 3.0% 3.0% 31.0% Weekly Sales Estimate $19,000 $20,000 $21,000 ??? 0,000. Т.Question 3. MALI Itd produces the following products: Products G U Total Contribution per unit Labour hours £10 £6 £4 5 1 Demand (units) 60 70 80 REQUIRED: (a) First calculate how many hours are needed to produce all products. (b) Second, provided that we are limited to 300 total hrs, how could you distribute the optimal quantity of hours. (c) How many products would you produce in each of them? (d) How could a company such as this with a short-term problem of staff shortages overcome this in the long-term?
- # 47 A computer costs RM1,000 and the annual holding cost is 25%. The annual demand is 10,000 units, and the order cost is RM150 per order. What is the approximate economic order quantity? Answer A. 16 о в. 70 ос. 110 D. 183Q.8 Thrombus produces ovens in several components in batches. The following data relate to one component: Annual demand 32,000 units Set up cost / batch P120 Annual rate of interest 12% Cost of production per unit P16 Calculate the Economic Batch Quantity for the company. A. 3,000 units B. 2,500 units C. 2,000 units D. None of the these3. Maxwell Company manufactures and sells three (3) product lines with contribution margin per unit and the required production time as follows: 12 Activity 2 *Property of STI Page 1 of 2 STI BM2021 см реr Machine hour per unit unit of product Product A P5.00 2.5 hours 3 hours 1 hour Product B 3.00 Product C 4.00 The company has a capacity of 20,000 machine hours a month. The market can absorb P4,000 units of product A, 6,000 units of B, and 10,000 units of C. a. Determine the contribution margin per hour of each product. b. What is the most profitable product line based on the contribution margin per machine hour? Justify your answer. c. Compute the maximum contribution margin for the month that will meet the conditions stated.
- PROBLEM 7 Tito Company sells several products. Information of average revenue and costs are as follows: Selling price per unitPhp20.00 Variable costs per unit: Direct materialsPhp4.00 Direct manufacturing labor Php1.60 Manufacturing overhead Php0.40 Selling costsPhp2.00 Annual fixed costs Php96,000 26. Calculate the contribution margin per unit. 27. Calculate the number of units Tito's must sell each year to break even. 28. Determine the breakeven point in peso. 29. Calculate the number of units Tito's must sell to yield a profit of Php144,000. PROBLEMQUESTION 6 Eric Clothing Limited’s annual demand for materials X is 50 000 units, and the ordering cost is P10 000 per order and each unit costs P3 000. The estimated cost of holding unit of stock is 15% of the purchase cost.Required:a. Calculate the economic order quantity (EOQ) and; b. Calculate the total annual costs of material X.Question Three AU Ltd manufactures and sells a single product, the company's sales and expenses for the month of January 2021 were as follows: Total (Kshs) Value per unit (Kshs) Sales 1,200.00 80.00 Less: Variable expenses 840.00 56.00 Contribution 360.00 24.00 Less: Fixed expenses 300.00 Net income 60.00 Required: (i) What is the monthly breakeven point in units and in shillings? What is the total contribution margin at breakeven point? (ii) (iii) How many units would be sold each month to earn a minimum target net income of kshs. 36,000? (iv) Using the original data, compute a company's margin of safety in both shilling and in percentage terms. (v) What is the contribution margin ratio, if the monthly sales increase by Kshs 16,000?