Question
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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