Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6. A manufacturer produces certain items at a labor cost of P315.00 each, material cost of P100.00 each and variable cost of P3.00 each. If

6. A manufacturer produces certain items at a labor cost of P315.00 each, material cost of P100.00 each and variable cost of P3.00 each. If the item has a unit price of P995.00, how many units must be produced each month for the manufacturer to break even if the monthly overhead is P461,600.00?

7. A company produces a certain commodity. The labor and material cost for each item produced is P112.00. Other variable cost is P67.00 per unit. The fixed monthly cost is P316,000.00. If each item is to be sold at P425.00, determine the number of units that must be produced per month in order to break-even.

8. A machine has a first cost of P200,000 with a scrap value of P25,000 at the end of its economic life of 10 years. Find its book value after 8 years using the Double Declining Balance Method.

9. An engineer bought an equipment for P500,000. Other expenses, including installation, amounted to P30,000. At the end of its estimated useful life of 10 years, the salvage value will be 10% of the first cost. Using the straight-line method of depreciation, what is the book value after 5 years?

10. An equipment costs P10,000 with a salvage value of P500 at the end of 10 years. Calculate the annual depreciation cost by sinking fund method at 4% interest.

PLEASE ANSWer all question... I just need help i dont have enough question to post more I`m a poor student.. here... I just want help.. if you cant answer them dont post so someone who can help.. would answer it..

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bucks The Next Step Advanced Medical Coding And Auditing 2019/2020

Authors: Elsevier

1st Edition

0323582613, 978-0323582612

More Books

Students also viewed these Accounting questions