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 ? 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.

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Q: Question 5: The Information below is taken from production department of Salalah Company for April:…

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A: Solution 1: Labor cost per unit = P700 / 350 = P2 per unit Total utilities cost of march = P3,800 -…

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A: Under absorption costing, the product cost consists of bot variable and fixed. Under variable…

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A: "Since you have asked multiple questions, we will solve first question for you. If you want any…

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A: Total cost= Fixed cost+variable cost

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Q: The following information were obtained from the records of HILO Company: Production in units 8, 000…

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A: Sale=Number of units sold×Per unit=430×$130=$55,900

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Q: Question 5: The Information below is taken from production department of Salalah Company for April:…

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Q: Question 5: The Information below is taken from production department of Salalah Company for April:…

A: Hi student , Since there are multiple questions, we will do only first question if you want…

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A: The costs that are not included in product cost are said to be period cost.

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A: Total set-up costs need to be apportioned among the product A and B.

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A: Absorption costing can be defined as an accounting method of valuing inventory items. Under this…

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A: Total product cost = direct material + direct labor + variable MOH + Fixed MOH

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A: The question is related to Overheads allocation and Activity Based Costing.

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A: Direct material = 4 kg x R5/kg = 20 Direct labour = 3 hours x R10/hr = 30

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.