Question
18/4. Knee pic is a manufacturing company. In April 20X8 Knee used 33,640 kg of material at a total standard cost of 245,340. The material
18/4. Knee pic is a manufacturing company. In April 20X8 Knee used 33,640 kg of material at a total standard cost of 245,340. The material usage variance was 1,914 adverse
Calculate the standard allowed weight of material for the actual production achieved by Knee in April 20X8:
OA. 33,576kg
OB. 33,840kg
OC. 34,104kg
OD. 35,754kg
20. A dairy produces 7.000 litres of milk a week for sale to its wholesale bottling customer. The breakeven point has been calculated at 5,000 litres a week with dairy fixed costs running at 520,000 per annum
On the basis that the dairy sets the selling price for its milk at variable cost plus 20%, then what is the selling price per litre of mik:
OA 12.00
OB 10.00
OC 8.57
OD. 8.00
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