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 Direct material cost Total labor cost Manufacturing Overhead 90000 500000 ? ? 400000 30000 100000 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
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 Direct material cost Total labor cost Manufacturing Overhead 90000 500000 ? ? 400000 30000 100000 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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text: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
Manufacturing Overhead 90000
400000
30000
100000
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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