XYZ Inc. direct materials cost is 400% of the direct labor cost and the latter cost...
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XYZ Inc. direct materials cost is 400% of the direct labor cost and the latter cost is 50% of the company's conversion cost. If the direct material cost is P40,000, how much is the company's total manufacturing cost? 2. If a company's variable costs are 70% of sales, which formula represents the computation of pesos sales that will yield a profit equal to 10% of the contribution margin when S equals sales in pesos for the period and FC equals total fixed costs from the period? 3. The Montero corp. wants to develop a cost estimating equation for its monthly cost of electricity. It has the following data: Month Cost of Electricity . January April July October . P6,750 7,500 8,500 7,250 Direct Labor Hours Using the high-low method, what is the best equation? 1,500 1,700 2,000 1,600 XYZ Inc. direct materials cost is 400% of the direct labor cost and the latter cost is 50% of the company's conversion cost. If the direct material cost is P40,000, how much is the company's total manufacturing cost? 2. If a company's variable costs are 70% of sales, which formula represents the computation of pesos sales that will yield a profit equal to 10% of the contribution margin when S equals sales in pesos for the period and FC equals total fixed costs from the period? 3. The Montero corp. wants to develop a cost estimating equation for its monthly cost of electricity. It has the following data: Month Cost of Electricity . January April July October . P6,750 7,500 8,500 7,250 Direct Labor Hours Using the high-low method, what is the best equation? 1,500 1,700 2,000 1,600
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1 Lets assume that the direct labor cost is DL and the conversion cost is CC Given Direct materials cost 400 of direct labor cost ... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
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