Direct materials(per kg)Direct labour (per hour)Direct ExpensesSelling priceSales DemandTotal Fixed CostsRankUnits producedProduct 1Product 2Product 3Product 4£ per kg/hour£₤£44413.1423.00 ££14.60 £18.25₤25.5511.50 £30.66£26.8372211.28 £42.0014,490£38.003.83 ££2.56 £6.3964.00£68.005,9804,1409,890£ 137,000.00Product 14Product 22Product 31Product 435,9804,1407,324A management accounting graduate has successfully created the optimal production planfor the four products above.Calculate the profit and values below.|Total £SalesVariable CostsProfitEnter your values to 2 decimal places with no £ sign or commas.

Product 1 £ Product 2 £ Product 3 £ Product 4 £ per kg/hour £ Direct materials(per kg) £ 13.14 £ 14.60 £ 18.25 £ 25.55 7 Direct labour (per hour) £ 23.00 £ 11.50 £ 30.66 £ 26.83 21 Direct Expenses £ 1.28 £ 3.83 £ 2.56 £ 6.39 Selling price £ 42.00 £ 38.00 £ 64.00 £ 68.00 Sales Demand 14,490 5,980 4,140 9,890 Total Fixed Costs £ 137,000.00 Rank Units produced Product 1 Product 2 4 2 Product 3 1 Product 4 3 5,980 4,140 7,324 A management accounting graduate has successfully created the optimal production plan for the four products above. Calculate the profit and values below. | Total £ Sales Variable Costs Profit Enter your values to 2 decimal places with no £ sign or commas.

Product 1 £ Product 2 £ Product 3 £ Product 4 £ per kg/hour £ Direct materials(per kg) £ 13.14 £ 14.60 £ 18.25 £ 25.55 7 Direct labour (per hour) £ 23.00 £ 11.50 £ 30.66 £ 26.83 21 Direct Expenses £ 1.28 £ 3.83 £ 2.56 £ 6.39 Selling price £ 42.00 £ 38.00 £ 64.00 £ 68.00 Sales Demand 14,490 5,980 4,140 9,890 Total Fixed Costs £ 137,000.00 Rank Units produced Product 1 Product 2 4 2 Product 3 1 Product 4 3 5,980 4,140 7,324 A management accounting graduate has successfully created the optimal production plan for the four products above. Calculate the profit and values below. | Total £ Sales Variable Costs Profit Enter your values to 2 decimal places with no £ sign or commas.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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