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Question 5: The Information below is taken from production department of Salalah Company for April: The number of units produced is 10000. All amounts are

Question 5:

The Information below is taken from production department of Salalah Company for April:

The number of units produced is 10000. All amounts are in OMR.

Total Costs

Variable Cost

Fixed Cost

Direct material cost

500000

?

?

Total labor cost

?

400000

100000

Manufacturing Overhead

90000

30000

?

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 15000 units next month. Calculate total production costs for the month

Question 6:

Find the missing information for different companies

Output (units)

Fixed Costs

Variable Costs

Total Costs

Cost per unit

Company A

4000

70000

50000

?

?

Company B

5000

80000

?

140000

?

Company C

8000

30000

130000

?

?

Company D

?

?

80000

100000

20

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