(Multiple choice.....choose the correct answer ....without explanation)

Majan Glass LLC produce glass containers in different sizes and in flint and coloured glasses. Market research information suggest that the product should sell at 15,000 units at OMR 2 per unit. The company seeks to make a mark- up of 40% product cost. It is estimated that the lifetime costs of the product will be as follows:

Design and development OMR 75,000

Manufacturing cost OMR 1 per unit

Retirement and Disposal costs OMR 35,000

Determine the lifecycle cost of the product.

a.

OMR 100,001

b.

OMR 125,000

c.

OMR 120,000

d.

OMR 100,000

(Multiple choice.....choose the correct answer ....without explanation)

National Rice Mills Production at 60% activity, 600 units, Material OMR 50 per unit, Labour OMR 20 per unit, Direct expenses OMR 5 per unit, Factory overheads OMR 20,000 (60% variable) and Administration expenses OMR 15,000 (60% fixed). What will be the total cost per unit for production at 80% capacity?

a.

OMR 122

b.

OMR 122,000

c.

OMR 101,000

d.

OMR 126.25