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Compute the net operating income from the following information for product A401F of Ahmed Corporation. (8 Marks) Number of Units Produced and Sold Annually 59,250

Compute the net operating income from the following information for product A401F of Ahmed Corporation. (8 Marks)

Number of Units Produced and Sold Annually

59,250 units

Selling Price per unit

BD 242

Variable Cost per Unit:

Direct Materials

BD 12.500

Direct Labor

BD 8.300

Selling & Administrative Expenses

BD 3.400

Fixed cost Per Year:

Manufacturing Overhead

BD 124,370

Selling & Administrative Expenses

BD 76,520

Marking Scheme:

Direct Materials Computation 3 marks

Total Manufacturing Costs Computation 3 marks

Cost of Goods Manufactured Computation 2 marks

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