Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 7 Not yet answered Marked out of 1 . 0 0 Flag question Selling price = 6 0 ; material = 5 k g

Question 7
Not yet answered
Marked out of 1.00
Flag question
Selling price =60; material =5kg@3 per kg; labour =2hrs @ 2 per hr; fixed overhead=3hrs@ 2 per hr; nonproduction overheads =10,000.
Original budget demand =1,000 units; Actual results demand =1,100 units
Original budget profit is equal to:
Select one:
a.30,000
b.25,000
c.45,000
d.35,000
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing An International Approach

Authors: Wally J. Smieliauskas, Kathryn Bewley

6th edition

978-0070968295, 9781259087462, 978-0071051415

More Books

Students also viewed these Accounting questions

Question

What is the definition of disability under the Canada Pension Plan?

Answered: 1 week ago

Question

Different types of Grading?

Answered: 1 week ago

Question

Explain the functions of financial management.

Answered: 1 week ago

Question

HOW MANY TOTAL WORLD WAR?

Answered: 1 week ago

Question

Discuss the scope of financial management.

Answered: 1 week ago