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. B. Calculate cost per unit B. Describe the production costs in the equation form Y =f+vX. C. 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 500000 ? ? ? 400000 100000 90000 30000 Calculate: A. B. Calculate cost per unit B. Describe the production costs in the equation form Y =f+vX. C. Assume Salalah intends to produce 10000 units next month. Calculate total production costs for the month
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter2: Basic Managerial Accounting Concepts
Section: Chapter Questions
Problem 38E: Total and Unit Product Cost Martinez Manufacturing Inc. showed the following costs for last month:...
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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
Direct material cost
500000
?
Total labor cost
Manufacturing Overhead
?
400000
100000
90000
30000
?
Calculate:
A. B. Calculate cost per unit
B. Describe the production costs in the equation form Y = f+ vX.
C. Assume Salalah intends to produce 10000 units next month. Calculate total production
costs for the month
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