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Question 5: The Information below is taken from production department of Salalah Company for August: The number of units produced is 20000. All amounts are
Question 5: The Information below is taken from production department of Salalah Company for August: The number of units produced is 20000. All amounts are in OMR. Total Costs Variable Cost Fixed Cost Direct material cost 800000 ? ? Total labor cost ? 500000 110000 Manufacturing Overhead 100000 40000 ? Calculate: A. Find the missing information in the above table. Some values may not be applicable, explain. B. Calculate cost per unit C. Describe the production costs in the equation form Y=f+vX. D. Assume Salalah intends to produce 30000 units next month. Calculate total production costs for the month
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