If the standard to produce a given amount of product is 600 direct labour hours at £15 and the actual is 600 hours at £17, the rate variance would be: a) £1,200 unfavourable b) £1,200 favourable c) £1,500 unfavourable d) £1,500 favourable
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If the standard to produce a given amount of product is 600 direct labour hours at £15 and the actual is 600 hours at £17, the rate variance would be:
-
a) £1,200 unfavourable
-
b) £1,200 favourable
-
c) £1,500 unfavourable
-
d) £1,500 favourable
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- A product has a prime cost of £15, variable overhead of £5 per unit and fixed overheads of £8 per unit. Which pricing policy gives the highest price? A. Prime cost +60% B. Marginal cost+40% C. Average Total Costs +10% D. Net margin of 20% on selling price.if a product total fixed cost is 50,000 and its variable cost is 28500 for 9500 units what should be the unit selling price of the product if the desired breakeven volume is 2900 units?Given the linear relation: (80x-4C+2200 = 0) Ifx represents the number of units produced of a certain commodity, and C is the total weekly costs.What are the fixed weekly costs and the unit cost? a. Fixed costs: $2200 per week. Cost per unit: $800 b. Fixed costs: $2200 per week. Cost perunit: $4c. Fixed costs: $550 per week. Cost per unit:$20 d. Fixed costs: $20 per week. Cost per unit:$550
- A company makes a product with a selling price of $20 per unit and variable costs of $12 12 per unit. The fixed costs for the period are P40000. What is the required output level to make a target profit of $10000?If Actual sales are OMR 620000, Total Fixed costs OMR 115000, Selling price per unit OMR 60, and Variable cost per unit OMR 45, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: a. MS=43000 and MS (%)=8.16 b. MS=69000 and MS (%)=13.15 c. MS=45000 and MS (%)=7.26 d. MS=72000 and MS (%)=16.42If the total fixed costs Omr 75000, variable cost per unit Omr 15 and contribution margin per units Omr 25. The Breakeven point B.E.P (units) is:
- A producer of pens has received a forecast of 25,000. Fixed Cost = $30,000 and Total Variable Cost = $50,000 at this level. What is the total variable cost if volume is 40,000. a. P80 b. P78 c. P75 d. P70Find the optimal order quantity of a product for which the price breaks are as follows: Quantity(units) Price per unit(Rs.) 0 < Q1 < 100 20.00 100 <= Q2 < 200 18.00 200 <= Q3 16.00 The monthly demand for the product is 200 units, the storage cost is 20 percent of the unit cost and the cost of ordering is Rs. 25 per order.calculate the expected costs when production is 5,595 units?
- Calculate variable cost per unit. if fixed cost is 50000 OMR Total Variable cost 500000 OMR and the units produced is 25000 UnitsA company has developed a production cost equation for its lone product: Y = 30 + 5X, where X is based on the number of labor hours. Assuming a relevant range of 10 to 20 labor hours, what is the estimated production cost at zero (0) labor hour? a. P 30 b. P 80 c. P130 d. The exact amount cannot be determined without additional informationAssume XYZ Company intends to produce 20000 units next month. Calculate total production costs for the next month if fixed cost is 18000 OMR Total Variable cost 100000 OMR and the Units produced is 10000 Units in the current month. Select one: O a. 200000 OMR O b. 210000 OMR O c. 250000 OMR O d. 218000 OMR