Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Can i plase get some quick assistance with this question? ill upvote for any swift response. Thanks! Bounty Distributors Umited manufactures orange juices that go

image text in transcribed
Can i plase get some quick assistance with this question? ill upvote for any swift response. Thanks!
Bounty Distributors Umited manufactures orange juices that go through two production departments: Processing and Packaging. The processing department is machine intensive, while the packaging department is highly labour Intensive. The company applies a mark-up of 20% on total cost. The entity projects budgeted overheads and budgeted activity levels for both departments based on normal level of activity: Departments Budgeted overheads $5.000.000 Budgeted activity levels Processing 2.500.000 1.000.000 Packaging $5.000.000 Selling and administration cost is 25% of the total production costs. For the period the entity produced 1.000.000 units. The company used 250.000 more direct labour hours than budgeted bot Used 200.000 less machine-hours actually than planned. The actual direct material cost for the period is $10.750.000, while the actuallabour rate is $25. Required: Calculate the total production cost to manutacture the orange juices 17 marks Calculate the selling price per orange Juico 14 mark 1

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

Recommended Textbook for

International Trade

Authors: John McLaren

1st edition

978-0470408797

Students also viewed these Accounting questions