Input quantity 1,000 kg Normal loss 10% of input Process costs £14,300 Actual output 880 kg Losses are sold for £8 per kg The cost per unit is equal to A £10 B £15 C £20 D £25
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Input quantity 1,000 kg
Normal loss 10% of input
Actual output 880 kg
Losses are sold for £8 per kg
The cost per unit is equal to
A £10
B £15
C £20
D £25
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- Input quantity 1,000 kg Normal loss 10% of input Process costs £14,300 Actual output 880 kg Losses are sold for £8 per kg Normal loss is equal to A 10kg B 50kg C 100 kg D 120 kgSales of the product 80,000 units Material=4,80,000 Labor=1,60,000 Variable Overheads=3,20,000 Fixed Overhead=5,00,000 Fixed portion of the capital employed is 12 Lakhs. Its varing portion will be 50% of sales turnover. Find the selling price per unit to earn 12% net on capital employed(Net of Tax @40%)Selling price per unit $ 100Variable expenses per unit $ 40Fixed expenses per month $ 60,000 Operating income at a volume of 4,000 units per month is: a. $240,000 b. $200,000 c. $180,000 d. $120,000
- Fixed cost $80,000; Variable cost $2 per unit; Selling price $10 per unit.Required: Turnover for a profit target of $60,000. a. $17500. b. $17000. c. $17400. d. $18667.23. FGM Limited produces nail brushes for domestic use. It sells 80,000 in a year. Raw materials cost P0.15 per brush and other variable cost per year P48,000. Fixed costs amount to P60,000. What is the total cost per unit. P0.75 P1.35 P1.50 P1.00Annual production of Product X is 400,000 annually. Each unit of Product X requires 2.5 units of material J. Product X is sold for 500 per unit and its total manufacturing cost is 300. Material J is purchased at 60 per unit. Carrying cost per unit of material J is 1 per unit while the ordering cost is 500 per order. How any units of material j shall the company order each time to minimize total relevant cost of inventories? a. 31,623 b. 20,000 c. 30,263 d. 26,336 e. None of these
- Sales per unit $15.00Variable production cost 8.00Annual fixed production cost 35,000.00Variable selling expense (unit) 3.00Annual fixed selling expense 15,000.00Produced 12,500 units during the periodNo inventory at January 1 (beg.)Sold 10,000 units Total variable annual cost charged to expense in direct costinga. $110,000b. $117,500c. $80,000 d. $100,000 6. Total fixed cost charged against current year’s operations in absorption costinga. P35,000 b. $25,000 c. $15,000 d. $43,000Selling price per unit $ 100Variable expenses per unit $ 40Fixed expenses per month $ 60,000 The break-even point volume of units is: a. 0 b. 360 c. 720 d. 1000Product Q has a sales of 80,000 units per annum and other details as follows: Material=4,80,000 Labor=1,60,000 Variable Overheads=3,20,000 Fixed Overhead=5,00,000 Fixed portion of the capital employed is 12 Lakhs. Its varying portion will be 50% of sales turnover. Find the selling price per unit to earn 12% net on capital employed, net of tax @40%
- QUESTION 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.Aldous sales a product for P200. The unit variable cost is P40 with a commission of 10%. Fixed manufacturing costs total P1,000,000 per month. The fixed selling and administrative cost total P420,000. The income tax rate is 30%. The target sales if after tax income is P123.200 would be?37 Shipping expense is P9,000 for 8,000 pounds shipped and P11,250 for 11,000 pounds shipped. Assuming that this activity is within the relevant range, if the company ships 9,000 pounds, its expected shipping expense is closest to (nearest peso):