Curro Limited manufactures and sells two products. The following information is available for 2021:Sales forecasts:Product AProduct BJulyAugustSeptember2 0004 1001 9003 8002 4004 200Selling price per unitR120R250Material requirements for each unit of finished productProduct AProduct BWood5 m28 m2Steel4 metres6 metresMaterial costs:R90 per m2R60 per metreWoodSteelOpening and closing stock levels will be maintained at a constant 200 units for each product A and B every month.The number of units of Product A to be produced in August will amount to:O A. 3800O B. 2400O C. 1900O D. 2000 Curro Limited manufactures and sells two products. The following information is available for 2021:Sales forecasts:Product AProduct BJulyAugustSeptember2 0004 1001 9003 8002 4004 200Selling price per unitR120R250Material requirements for each unit of finished productProduct A5 m2Product B8 m2WoodSteel4 metres6 metresMaterial costs:R90 per m2R60 per metreWoodSteelStock levels: Product AOpening stockClosing stockJuly200300August150September200The total quantity of steel required for production ofProduct A in August will amount to:O A. 7 600 metresB. 9 500 metresC. 22 800 metresD. 7 000 metres

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Answered: Curro Limited manufactures and sells…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 9EB: The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method,...

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For XYZ Company , how many units of their product would have to be sold to yield a target operating income of $92,000 for the financial year ending 2021, assuming variable costs are $50 per unittotal fixed costs are \$8, , and the unit selling price is $60 ? a. 800 units b. 2,000 units c. 10,000 units d. 9,200 units
The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method, express the companys overtime wages as an equation where x represents number of invoices processed. Assume BC has monthly fixed costs of $3,800. Predict the overtime wages if 9,000 invoices are processed. Predict the overtime wages if 6,500 invoices are processed. Using Excel, create a scatter graph of the cost data and explain the relationship between the number of invoices processed and overtime wage expense.
For XYZ Company, how many units of their product would have to be sold to yield a target operating income of $46,000 for the financial year ending 2021, assuming variable costs are $35 per unit, total fixed costs are $4,000, and the unit selling price is $60? O a. 1,800 units O b. 2,000 units Oc. 160 units O d. 1,429 units E PAGE FINISH ATTEMPT ... re to search W A GD 4 d4) ENG O go) 19:12 07-04-2021 hp ort sc delete home end pg up 96 & 8 - backspace num lock R 8 A home F G н K enter 5 0 B M pause ↑ shift 2 end alt ctrl ins
Assume XYZ Company intends to produce 20000 units next month. Calculate total production costs for the next month if fixed cost is 18000 OMR Total Variable cost 100000 OMR and the Units produced is 10000 Units in the current month. Select one: O a. 200000 OMR O b. 210000 OMR O c. 250000 OMR O d. 218000 OMR
Assume XYZ Company intends to produce 15000 units next month. Calculate total production costs for the month if fixed cost is 9000 OMR Total Variable cost 100000 OMR and the Units produced is 10000 Units a. 110000 OMR b. 120000 OMR c. 125000 OMR d. 159000 OMR
Nizwa Co. has the following information available for December 2019: Total fixed costs R.O. 240,000 Units sold Unit selling price of a TV unit R.O. 2,000 Unit variable costs 400 R.O. 500 The contribution margin ratio is: Select one: O a. 1,500 O b. 0.25 O c. 600,000 O d. 0.75
An organisation manufactures a single product. The following information with regard to the raw material needed in the production process is supplied to you: Normal delivery time: 2.5 weeks Maximum delivery time: 3.5 weeks Normal usage: 52 000 units per year Purchase price per unit: R8.50 Cost of placing an order: R18.00 Interest rate: 2% per year Storing cost per unit: R2.50 a). Calculate the safety stock b). Calculate the lead time c). Calculate the EOQ. d). Calculate the re-order point if the organisation does not keep safety stock. e). Calculate the re-order point if the organisation has a policy to keep safety stock. f). Calculate the safety stock that should be kept by the organisation.
An organisation manufactures a single product. The following information with regard to the raw material needed in the production process is supplied to you: Normal delivery time: 2.5 weeks Maximum delivery time: 3.5 weeks Normal usage: 52 000 units per year Purchase price per unit: R8.50 Cost of placing an order: R18.00 Interest rate: 2% per year Storing cost per unit: R2.50 a). Calculate the safety stock b). Calculate the lead time
Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit OMR 2,000 Unit variable costs OMR 500 Total fixed costs OMR 240,000 Units sold 400 The contribution margin per unit is:
III. NadasellsorangejuiceforOMR1.00pergallon.ThevariablecostperunitisOMR0.80,andthefixed costs per month are OMR 1,000. You are required to;A) Calculate the total costs if Nada produces 10,000 units? B)Calculate the total profit earned by Nada if they produce and sell 10,000 units?
Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is the cost equation? Periods Total Cost No.of Units January 45,750 500 February 46,305 510 March 46,860 520 April 48,248 545 May 49,358 565 June 50,190 580 July 51,855 610 choose one a. Y=18000+55.5*X b. Y=21000+50*X c. Y=19000+52.5*X d. Y=22500+48.3*X
Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $475, and the S12L5 sells for $300. Projected sales (number of speakers) for the coming five quarters are as follows: Line Item Description S12L7 S12L5 First quarter, 20Y1 800 1,300 Second quarter, 20Y1 2,200 1,400 Third quarter, 20Y1 5,600 5,300 Fourth quarter, 20Y1 4,600 3,900 First quarter, 20Y2 900 1,200 The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Required: Question Content Area 1. Prepare a sales budget for each quarter of 20Y1 and for the year in total. Show sales by product and in total for each time period. Do not include a multiplication symbol as part of your answer. Stillwater Designs Sales Budget For the Year Ended December 31, 20Y1 Line Item Description 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. Year S12L7: Units Units Units Units Units Units Price $Price $Price $Price $Price $Price Sales $Sales $Sales $Sales…

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