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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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