USE XX.X = 29.3

Q3(a). ABC Company produces two types of cars: the standard and deluxe models. The total indirect cost to be allocated to the two car is 35,000,000 units. Determine the net ABC company can expect from the sale of each car. (a) Use direct-labor cost to allocate indirect costs. (b) Use direct-materials cost to allocate indirect costs. All Values in 000's (thousands) (1 unit value = XXX, XXX is from your Roll #) Data Item Standard Deluxe Direct-labor cost 50,000 65,000 Direct-material cost 35,000 47,500 Selling price 95 Units produced 1800 1400 60 Q3(b). A company is making an electrical car. Find the net income and missing data of SRA-electric against mention in table attached. The Capital of 100,000 units is used and can be depreciated straight line (for this question only), Use FBR tax card for tax calculation. (1 unit = XX.X PKR). 4,884 (185) 5070 618 309 927 5,997 All Values in Units and in 000's Revenues Operating revenues Sales (minus) Returns Total operating revenues Others revenues Interest receipts Stock revenues Total nonoperating revenues Total revenues, Expenses Operating expenses Cost of goods and services sold Labor Materials Indirect cost Selling and promotion Depreciation (3rd year of capital expenditure) General and administrative Lease payments Total operating expenses 2,473 420 841 247 Cal ?? 124 124 Cal?? Nonoperating expenses Interest payments Total nonoperating expenses Total expenses, 272 272 Cal?? Net income before Taxes, Incomes taxes Net profit (Loss) for the year Cal?? Cal?? Cal