Reference no: EM132745894
Question - Assume that you have a business. For October, you sold 1,000 units of your product. The following data describes your company's revenue and cost structure:
Selling Price per unit P400.00
Sales Commissions 5% of Selling Price
Direct Materials per unit P150.00
Direct Labor per unit produced P100.00
Electric bill for production in November P10,000
Advertising expense P4,000 per month
Administrative expense P5,000 per month
Required -
1. Compute the Total Prime Cost.
2. Compute the Total Conversion Cost.
3. Compute the Total Fixed Cost.
4. Compute the Total Variable Cost.
5. Compute the Total Manufacturing Cost.
6. Compute the Total Nonmanufacturing Cost.
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