Question: please give solution inter BIU-she x Font AaBbCcDc AaBbCD AaBbCcD AaBbCcDc AaBbCD AaBbc A.S. Normal Heading 2 1 List Para... 1 No Space Table Pa..

 please give solution inter BIU-she x Font AaBbCcDc AaBbCD AaBbCcD AaBbCcDc

AaBbCD AaBbc A.S. Normal Heading 2 1 List Para... 1 No Space

Table Pa.. Heading 1 Paragraph Styles Question 6 (1 his question has

please give solution

inter BIU-she x Font AaBbCcDc AaBbCD AaBbCcD AaBbCcDc AaBbCD AaBbc A.S. Normal Heading 2 1 List Para... 1 No Space Table Pa.. Heading 1 Paragraph Styles Question 6 (1 his question has 7 items, (a), (b), (c), (d), (e), (t) and (9))(2+2+2 + 2 + 2 + 2 + 4 = 16 marks) The table below has the costs for a specific period: Cost Item Amount Direct labour $90,000 Direct material $80,000 Advertising $40,000 Factory supervision $50,000 Sales commissions $60,000 Depreciation administrative office equipment $5,000 Indirect materials factory $7,000 Depreciation factory building $10,000 Administrative office supplies $3,000 Required: (a) What is the total period cost? (2 marks) (b) What is the total direct product cost? (2 marks) 1 Page 10 of 12 Words 2,643 Track Changes om here to search W Cut 12 Copy Format Painter BIU abe x, x' AaBbCcDc AaBbCcD AaBbCD AaBbCcDc AaBbCD AaBbc 1 Normal Heading 2 ust Para... T No Spac... Table Pa... Heading 1 Styles board Font Paragraph (b) What is the total direct product cost? (2 marks) (c) What is the total indirect product cost? (2 marks) (d) From the cost items listed in the table above, list one indirect product cost which varies with the level of output (2 marks) Click or tap here to enter text. (e) Under variable costing, what is the average unit product cost for the specific period? Consider that during this specific period 1,000 units of only one type of product were manufactured (2 marks) Pe 10 of 12 10 Section 1 Track Change Type here to search o e E 21 - A-ES 2 x, AaBbCcDc AaBbCD AaBbCcD AaBbCcDc AaBbc 1 Normal Heading 2 1 List Para... 1 No Spaci... I Table Font Paragraph Styles (f) Under absorption costing, what is the average unit product cost for the specific period? Consider that during this specific period 1,000 units of only one type of product were manufactured. (2 marks) (g) What is the underlying difference and implication between variable and absorption costing product per unit? (4 marks) Click ortap here to entertext (Or you can use the given excel document to show your work for Question 6 ) LI arkal

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!