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What is the total cost of Product A

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Reference no: EM132825634

Questions - The following costs are related to questions 1 - 4: A factory produces two products, A and B. The following costs are related to these products.

 

Product A

Product B

Direct material

TL 30

TL 15

Direct labor

TL 20

TL 10

Indirect manufacturing costs

TL 10

TL 25

Q1. What is the total cost of Product A?

a) TL 40 b) TL 50 C) TL 60 d) TL 70 e) TL 80

Q2. What is the total cost of Product B?

a) TL 40 b) TL 50 c) TL 60 d) TL 70 e) TL 80

Q3. If 10 units of Product A are produced, what is the unit cost of Product A?

a) TL 4 b) TL 5 C) TL 6 d) TL 7 e) TL 8

Q4. If 5 units of Product B are produced, what is the unit cost of Product B?

a) TL 4 b) TL 5 C) TL 6 d) TL 8 e) TL 10

Q5. What is a budget?

a) a plan for the future income and expenditures

b) a plan for the past income and expenditures

c) a plan for the future assets

d) a plan for the past liabilities

e) a plan for the future salaries

Q6. The budget of a company helps to control the following costs:

a) maintenance costs b) advertising costs c) material costs d) wages e) all of the mentioned costs

Reference no: EM132825634

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