Question
1- The accounting records of Asia Company revealed the following costs: direct material, OMR 13,000; manufacturing overhead, OMR 12,000; and total manufacturing costs, OMR 78,000.
1-
The accounting records of Asia Company revealed the following costs: direct material, OMR 13,000; manufacturing overhead, OMR 12,000; and total manufacturing costs, OMR 78,000. Asia's direct labor is:
Select one:
a. 115,000
b. 53,000
c. 37,000
d. 41,000
2-
Yellow Dot, Inc. sells a single product for OMR 25. Variable costs are OMR 13 per unit and fixed costs total OMR 120,000 at a volume level of 10,000 units. What level of sales would Yellow Dot have to achieve to earn a target profit of OMR 240,000?
Select one:
a. OMR 30,000
b. OMR 800,000
c. OMR 750,000
d. OMR 850,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started