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QUESTION 6 Thataone Ltd supplied the following information: 6 000 Sales revenue N$65 000 Direct material 40% of total manufacturing costs Direct labour 16 000

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QUESTION 6 Thataone Ltd supplied the following information: 6 000 Sales revenue N$65 000 Direct material 40% of total manufacturing costs Direct labour 16 000 Factory supervisor's salary 7000 Factory rent Sales office expenses 1 000 Indirect material Administrative office rent Factory insurance Depreciation of factory equipment 888 N F REE Unit 1-Review Questions REQUIRED; calculate the following: Scoste 1. Manufacturing overheads cost 2. Conversion cost 3. Total manufacturing costs 4. Direct material cost 5. Prime cost 6. Assume Thataone Ltd had manufactured 1 000 units during the period, cost per unit cost is equally to....... 7. Refer to required No. (6) above. What would be the selling price, if Thataone Ltd wanted a mark-up of 40%? 8. Refer to required No. (6) above. What would be the selling price, if Thataone Ltd wanted a gross profit of 40%

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