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010-4141-8028-8dd6a406a185/tool/b41c6cb0-75e4-4dfe-89b3-9d95cc77d251/ist, Part 1 of Question 3 of 7 5 Points 3. (5 points) The production budgets for quarters 1 and 2 for the Windmill manufacturing
010-4141-8028-8dd6a406a185/tool/b41c6cb0-75e4-4dfe-89b3-9d95cc77d251/ist, Part 1 of Question 3 of 7 5 Points 3. (5 points) The production budgets for quarters 1 and 2 for the Windmill manufacturing company are as follows Quarter 1 Quarter 2 Production -- (units) 15 000 20 000 Budgeted production cost - (Rand) Direct Material 180 000 240 000 Total labour cost (mixed cost) 155 000 195 000 Total manufacturing overhead cost (mixed cost) 210 000 240 000 Additional information: The cost structure, which is expected to continue unchanged in quarter 3. is as follows The variable cost elements are linear and vary in direct proportion to volume There is a bulk purchase discount of 5% on matenals if onders exceed R250 000 per quarter. The discount purchase of all materials in that quarter Viking Long (docx Bing Wallpaper-2020.Jpg Bing Wallpaper 2000.JP9 41-8028-8dd6a406a185/tool/b41c6cb0-754-4dfe-89b3-9d95cc17d251/ist/d.. Budgeted production cost (Randy Direct Material Total labour cost (mixed cost) 180 000 240 000 195 000 Total manufacturing overhead cost (mixed cost) 155 000 210 000 240 000 Additional information: The cost structure, which is expected to continue unchanged in quarter 3, is as follows The variable cost elements are linear and vary in direct proportion to volume . There is a bulk purchase discount of 5% on materials if orders exceed R250 000 per quarter. The discount will apply to the purchase of all materials in that quarter - The company operates a JIT system for material purchases Fixed production overheads will increase by R20 000 per quarter al production output levels in excess of 22 000 units in a quarter Required: Assume the budgeted production volume for quarter 3 is 23 000 units Fill in the blank of the total budgeted production cost for the third quarter allaper-2009 on W e 2020. Vung deng doc
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