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Online Exam

   

Added on  2022-12-28

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Online Exam
Online Exam_1

Contents
Question 1...................................................................................................................................................3
Question 2...................................................................................................................................................6
Question 3...................................................................................................................................................8
Online Exam_2

Question 1
a.
Total Overhead cost
Setup costs 120000
Receiving 30000
Despatch 15000
Machining 65000
230000
Overhead absorption rate:
Lipstick Lip-balm
Lip-
gloss
Production Volume 30000 35000 3000
Labour hour per unit 3 2 2
total labour hours 90000 70000 6000 166000
Total Overhead rate
230000 /
166000
1.385542
2
Cost per unit:
Lipstick Lip-balm
Lip-
gloss
Sales 22 26 24
Raw material 5 10 10
Labour cost 5 5 5
Overheads rate 4.16 2.77 2.77
Cost 14.16 17.77 17.77
Profit per unit 7.84 8.23 6.23
Units 30000 35000 3000
Profit 235301.20 288012.0 18686.7
Online Exam_3

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