MJK LTD is a manufacturing entity that produces and sells a single product called jumpa. Below are
Fantastic news! We've Found the answer you've been seeking!
Question:
MJK LTD is a manufacturing entity that produces and sells a single product called jumpa.
Below are the details relating to one unit of Jumpa;
Direct Materials;
X- 4kgs at K25 / kg
Y- 5 litres at K20/ kg
Z- 8 kgs at K 15/ kg
Direct Labour :
Skilled - 3hours at K30/ hour
Unskilled- 3 hours at K 15 / hour
Variable overheads- 3hours at K10/ hour
Fixed production overheads - 3hours at K18. Hour
Disposal container at 120 % of Skilled labour cost
Mark up 20 %
Budgeted production and sales - 100000units
REQUIRED
The prime cost per unit of jumpa
The production cost or Factory cost per unit of jumpa
The selling price per unit of jumpa
Budgeted production cost or factory cost
Budgeted Sales Revenue
Related Book For
Management Accounting Information For Decision Making
ISBN: 9781618533517
7th Edition
Authors: Anthony A. Atkinson
Posted Date: