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Velukoshi Shoes is a company that produces high quality footwear. The company distributes their products into markets within Namibian towns and neighboring country. In 2023, the plan to manufacture 9 800 units of one of their premium brands. The following information relates to this premium brand: Direct materials Direct labour Indirect labour (40% fixed) Variable overheads Fixed production overheads Selling and distribution overheads Administration REQUIRED: Calculate the following Prime cost Variable production cost Conversion cost 1.1 1.2 1.3 1.4 Total production cost 1.5 Period cost 1.6 Fixed cost per unit 1.7 Total variable cost when 10 000 units are produced Total N$ 520 000 256 000 190 000 525 000 401 000 204 000 102 000 MARKS 2 2 2 2 2 2 2 14

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1 1 Prime Cost Direct Materials Direct Labor Prime Cost 520 000 256 000 776 000 1 2 View the full answer


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Business Statistics In Practice Using Data Modeling And Analytics

Business Statistics In Practice Using Data Modeling And Analytics

ISBN: 9781259549465

8th Edition

Authors: Bruce L Bowerman, Richard T O'Connell, Emilly S. Murphree

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Posted Date: March 09, 2023 06:56:35
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