The Required: Calculate the following: 1. Prime cost 2. Factory overhead cost 3. Total cost of...

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The Required: Calculate the following: 1. Prime cost 2. Factory overhead cost 3. Total cost of production 4. The unit cost of production if 100 000 units were produced. Information: Raw materials used Wages (direct) (indirect) Carriage on raw materials Fuel and power Lubricants and other consumables Factory rent Depreciation of factory plant and equipment Insurance of factory buildings and plant General indirect expenses R120 000 R80 000 R20 000 R100 000 R10 000 R11000 R9 500 R24 000 R8 000 R9 500 R8 000 The Required: Calculate the following: 1. Prime cost 2. Factory overhead cost 3. Total cost of production 4. The unit cost of production if 100 000 units were produced. Information: Raw materials used Wages (direct) (indirect) Carriage on raw materials Fuel and power Lubricants and other consumables Factory rent Depreciation of factory plant and equipment Insurance of factory buildings and plant General indirect expenses R120 000 R80 000 R20 000 R100 000 R10 000 R11000 R9 500 R24 000 R8 000 R9 500 R8 000