Drinko Sdn Bhd is the producer of a medicinal drink made from a mixed of 2 ingredients. The following is data that have been collected prior to the production in the beginning of 2021.

Direct materials (Per unit product)	Kg	Rm
X3T9	2.00	1.00
Q2J6	1.00	4.00
Direct labour	Hours	Rate
Direct labour Cost	4.00	4.00
Variable Overheads	DLH	Rate
Variable overheads: (per direct labour hour)	4.00	2.00
Fixed Cost: (per direct labour hour)	4.00	5.00

Calculate the Standard Variable Cost Per Unit for each of the manufacturing cost.

Standard Variable Cost Per Unit
Direct Materials
X3T9
Q2J6
Direct Labour
Variable Overhead
Total Standard Variable Cost Per Unit

The company have budgeted the sales to be 20,000 units. Prepare the income statement for the company by completing the Table below:

	Unit	Price	Total	Per Unit
Sales	20,000	60.00
Direct Materials	Kg	Cost
X3T9	40,000.00	1.00
Q2J6	20,000.00	4.00
Total Materials
	DLH	Rate
Direct Labour	80,000.00	4.00
Variable Overhead	80,000.00	2.00
Total variable
Contribution Margin
Fixed Overhead Cost
Profit

Answer rating: 100% (QA)

Sales 20000 units 6000 per unit 120000000 Direct Materials X3T9 40000 kg 100 per ... View the full answer