Third: Raw materials and Purchases: Quantity needed from material "M": "E" 17 kg. "F" 13 kg. "G" 11 kg. Quantity needed from material "N": "E" 16 "F" 20 kg. "G" 18 kg. The direct hours needed to produce one unit is 18 hours for "E", and 20 hours for "F", and 22 hours for "G". Rate per hour is 5 EGP for three The price of material is 8 EGP for "M" and 11 EGP for "N". Fourth: Inventory raw materials: Beginning period inventory "M" 600 kg. "N" 800 kg. Ending period inventory 1600 900 kg. Fifth: Indirect overhead cost: (The numbers are in thousands of pounds) -Heat and water 50,000 EGP involve (60% V). -Machine maintenance 120,000, if you know rate of maintenance = EGP 0.08(Number of labors hours). Wages of service workers 8000 EGP (40%F). Factory oil & gas 5000 EGP (90%V). - Power 40,000 EGP. Depreciation 15500 - Insurance on plants 10700 EGP. -Supervision Cost 13000 EGP. Sixth: Cost of marketing and administration: Advertising 15000 Stationary 9000 Shipping material 14000 Professional fees 6000 Trade Show 21000 Executive compensation 27000 prepare the following marketing budget administrative budget

Third: Raw materials and Purchases: Quantity needed from material "M": "E" 17 kg. "F" 13 kg. "G" 11 kg. Quantity needed from material "N": "E" 16 "F" 20 kg. "G" 18 kg. The direct hours needed to produce one unit is 18 hours for "E", and 20 hours for "F", and 22 hours for "G". Rate per hour is 5 EGP for three The price of material is 8 EGP for "M" and 11 EGP for "N". Fourth: Inventory raw materials: Beginning period inventory "M" 600 kg. "N" 800 kg. Ending period inventory 1600 900 kg. Fifth: Indirect overhead cost: (The numbers are in thousands of pounds) -Heat and water 50,000 EGP involve (60% V). -Machine maintenance 120,000, if you know rate of maintenance = EGP 0.08(Number of labors hours). Wages of service workers 8000 EGP (40%F). Factory oil & gas 5000 EGP (90%V). - Power 40,000 EGP. Depreciation 15500 - Insurance on plants 10700 EGP. -Supervision Cost 13000 EGP. Sixth: Cost of marketing and administration: Advertising 15000 Stationary 9000 Shipping material 14000 Professional fees 6000 Trade Show 21000 Executive compensation 27000 prepare the following marketing budget administrative budget

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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Quetion: Calculate the required total labor hours, if there are 5,000 units produced and 2.5 units are produced per labor.
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