Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a) Complete the table below to calculate costs based on the production of 50 cars per month. (6 marks) Product Costs AmountDirect Period Costs Prime

image text in transcribed
a) Complete the table below to calculate costs based on the production of 50 cars per month. (6 marks) Product Costs AmountDirect Period Costs Prime Costs Conversion Cost Item Costs Material Direct Labour MOH DL DM Rent on factory building Water bill for factory Stationery for general office Lubricate oill for machine $8,000 $1,000 $500 $350 $1000 $70,000 $12,000 $4,000 40,000 $50,000 Salary of factory supervisor Advertising costs for cars Wages of factory workers Cleaning costs for factory 500 glass and rubber 5,000 $80,000 on office building Accountant's salary a) Complete the table below to calculate costs based on the production of 50 cars per month. (6 marks) Product Costs AmountDirect Period Costs Prime Costs Conversion Cost Item Costs Material Direct Labour MOH DL DM Rent on factory building Water bill for factory Stationery for general office Lubricate oill for machine $8,000 $1,000 $500 $350 $1000 $70,000 $12,000 $4,000 40,000 $50,000 Salary of factory supervisor Advertising costs for cars Wages of factory workers Cleaning costs for factory 500 glass and rubber 5,000 $80,000 on office building Accountant's salary

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions