12/ Toshiba Corporation is producing three products Refrigerators, printers and projectors in their unit. During the year 2019,the total overhead expenses are; Procurement cost OMR 480,000 Machine set up cost OMR 250,000 Particulars Refrigerators Printers Projectors Direct labor hours 1000 1500 2500 Number of orders placed 70 50 120 Machine set up hours 327 100 73 Find out machine setup hour rate using activity based costing. a. None of the options b. OMR 40 c. OMR 500 d. OMR 50

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.