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 500000 ? ? 400000 100000 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 Ouontion 61
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 500000 ? ? 400000 100000 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 Ouontion 61
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Question 5:
The Information below is taken from production department of Salalah Company for April:
The number ofunits produced is 10000. All amounts are in OMR.
Total Costs
Variable Cost
Fixed Cost
Direct material cost
500000
?
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
Question 6:
Find the missing information for different companies
Output (units) Fixed Costs
Variable Costs
Total Costs
Cost per unit
Company A
4000
70000
50000
?
?
Company B
5000
80000
?
140000
?
Company C
8000
30000
130000
?
?
Company D
?
80000
100000
20
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