Cost of sales and Production of Product X has been budgeted at 90,000 units and 100,000...
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Cost of sales and Production of Product X has been budgeted at 90,000 units and 100,000 units, respectively, for June. One unit of X requires 2 kilos of raw material. The projected beginning and ending materials inventory for June are 1,000 kilos and 5,000 kilos respectively. Cost of materials is P 15 per 2,000 grams. How much materials should be purchased during June? (in Pesos) 2. X corp produced 150,000 units and sold 135,000 units at 13.50 Cost incurred are as follows: Raw materials 3.50 per unit Direct labor 2.50 per unit OH Fixed Selling expenses Variable selling expense per unit What is the Net income under Variable costing? 3. Juztine Company produces a single type of necklace being sold for P 25 per unit. The following information was made available: 345,000.00 (includes FOH of 195,000) 140,000.00 Unit sales (P 25 per unit) Material usage Material cost Labor hours Labor cost 1.20 63,000 75,000 pounds P7.2 per pounds 10,000 hours P30 per hour What is the financial partial productivity of Direct Labor? Cost of sales and Production of Product X has been budgeted at 90,000 units and 100,000 units, respectively, for June. One unit of X requires 2 kilos of raw material. The projected beginning and ending materials inventory for June are 1,000 kilos and 5,000 kilos respectively. Cost of materials is P 15 per 2,000 grams. How much materials should be purchased during June? (in Pesos) 2. X corp produced 150,000 units and sold 135,000 units at 13.50 Cost incurred are as follows: Raw materials 3.50 per unit Direct labor 2.50 per unit OH Fixed Selling expenses Variable selling expense per unit What is the Net income under Variable costing? 3. Juztine Company produces a single type of necklace being sold for P 25 per unit. The following information was made available: 345,000.00 (includes FOH of 195,000) 140,000.00 Unit sales (P 25 per unit) Material usage Material cost Labor hours Labor cost 1.20 63,000 75,000 pounds P7.2 per pounds 10,000 hours P30 per hour What is the financial partial productivity of Direct Labor?
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Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078025662
10th edition
Authors: Ronald Hilton, David Platt
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