I need this finished in hour and a half

Question

Khushboo · Accepted Answer

Solution 1
	A	Calculation of manufacturing cost
		Particulars	Amount
		Direct material cost	208600
		Direct labor cost 	476640
		Material handling	284000
		Assembly and inspection	662000
		Testing	32000
		Total manufactirung expenses	978000
		Total manufacturing cost	1663240
		Manufacturing cost per unit	259.88
	B	Calculation of manufacturing cost
		Particulars	Amount
		Direct material cost	208600
		Direct labor cost 	476640
		Manufacturing overhead	1059200
		Total manufactirung expenses	1744440
		Total manufacturing cost	1744440
		Manufacturing cost per unit	272.57
	C. 	ABC costing provides more accurate information as it allocate the cost in more accurate manner.
Solution 2
			Product		Period	Variable	Fixed
			Direct 	Indirect
		Property taxes on factory		Yes			Yes
		Production foreman salary		Yes			Yes
		Sandpaper	Yes			Yes
		outbound shipping costs			Yes	Yes
		Fire insurance on plant equipment		Yes			Yes
		Salary of public relationship manager			Yes		Yes
		Production run setup costs		Yes		Yes
		Glue and thread		Yes		Yes
		Distribution costs			Yes	Yes
		Raw materials	Yes			Yes
		Advertising expenses			Yes		Yes
		Wages of production worker	Yes			Yes
Solution 3
		Particulars	Qty
	A	Sales forecasts	3200
		Add: Closing inventory	1440
		Less: Opening inventory	-1000
		No of tables to be produced	3640
		Particulars	Qty
	B	No of tables to be produced	3640
		Per unit lumber requirement	25
		Total lumber requirement	91000
		Add: Closing inventory	18500
		Less:

I need this finished in hour and a half

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment