Question: Question Consider the following estimates which were extracted from Jogatra Ltd books of accounts: Indirect Labor (20% fixed) Kes.45,500 Direct Material Kes.28,500 Rent (Fixed) Kes.125,000

Question

Consider the following estimates which were extracted from Jogatra Ltd books of accounts:

Indirect Labor (20% fixed) Kes.45,500

Direct Material Kes.28,500

Rent (Fixed) Kes.125,000

Electricity (10% Fixed) Kes.155,600

Equipment Depreciation Kes.142,300

Personal Property taxes (Kes.6,500 Fixed) Kes.85,340

Data Processing (25% Fixed) Kes.15,600

Technical Support Fixed Kes.10,200

The above schedule is prepared on assumption that production could amount to 1,000 units

Prepare a cost estimation function using account analysis

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