The following relate to product R Practice Question Level of activity (units) load 2000 (N/unts) ( Nglunet) Direct matenale 4.00 Dreat Labour 3.00 Production Quehead 3.50 Selling overhead 1.00 O-SO 2.50 Required: Calculate the total fixed cost and variable cost mit per 2) selli A company manufactures and Forecast data for year are two poducts, & and y Product X Product y Roduct & Sales Cunts) ooo Sales (prace per unit) Vandole cost (per unit) 20 000 Ng12 80 000 N18 N13 Annual fixed costs at estimated at NI 223 DO Bequired. What is the break even point in sales revene current Sales z Limited manufactures a single peduct, the budgeted Selling price and vanable cost details of which at Follows NS cost per unit Selling price Vanable Direct matenals Direct Lebour Variable Overhead 3.50 Zuoo cost are bo 000 Budgeted fixed overhead per amun, charged at a constant rate each month. Budgeted poduction is 30 000 units per annum In a month when actual production wou 2400 units and exceeded Sale by 180 units the profit under absorption costing was i Select one: A) N88 400 B) NS 6660 C) NS 7770 NI 7570 AG The following data relate to a manufacturing company the beginning of August there was no inventory. During August 2000 units of product x were produced , but only sold. The financial dolar for for August were 1950 wits were product i 01 follows: Mulelials 4000 labour 1 LEO Variable overheads 9400 fixed production overheads Jonable selling costs Fixed selling costs 22 500 6000 19 300 What was the value of x ot the year end? are 6 H limited monafactures and sells two products. and K. Amal sales expected to be the ratio of Jik: Total sales are planned to be N8420 000. Product Thai a contribution to Sales ratio of vol, whereas that of product Ki 50% Anual frued costs are estimated to be ws 120 00 The by Required Calculate the budgeted break-even Sches value (to the neorest N 1000) a A conpony has budget to produce 5000 units for B product in December. The budget for December shows that for product B the opening inventory will be and the closing inventory will be 90 unit. The monthly budgeted production cost dota fool product B for December Pollows: 400 units 03 per ant - Variable direct cost Total fixed production overhead cost- Na 29 500 Vanable production overhead costs per white N8 3.50 The company abboobs overheads on the boss of the budgeted number of uniti produced Assume that the absorption costing wehead role has remained constant Required & What is the budgeted profit for product B Absorption costing? for December, using company made 17 500 writs at a total cost of N116 each. Three quakert of the costs were variable and one quorter faed. 15 000 unds were sold at N825 each. There were no opening inventory Regoned By how much will the poft calculated wing absorption costing principles differ from the proful marginal costing principles had been used Chineke Limited has total fixed costs of No 600 000 per annun. It manufactured Single poduct which it Sell for NS 200 per writ. It's contribution to sole ratio 40% 15 Chineke Limited's beak-even point (in units) is Select one: A 3000 units B) 9000 units C) None of all D) 7400 units E) 1500 units @ Korona Limited Sells one product for which dota a given below: Nolper writ Selling price Variable Fixed 6 Cost Cost 2 The fixed costs be bored on a budgeled level of acturity of 5000 units for the penod If the selling price and vanable cost incecle by 20% and 12% respectively by how much must Soles volume change compared with the orginal budgeted levd in to achieve the orginal profit for the period order Select one: A) 39.4% decrease B) None of all C) 24.2% increase D) 39.4% hcrease E) 24.2% decreare To JB linted manufactures and sells two products, Jand expected Sales mix 5(J) : 3(B). Total budgeted sales for the next year are N15 million. J contribution to Sales ratio 35% and 55%. Budgeted annual are N 500 000 has a of fixed cost What is the budgeted beak-even Sales value ? A) NO 1233 767 None of all N% 112 | 176 471