Reference no: EM132500422

Question 1. What's the schedule of cost of goods manufactured in good form and the cost of goods sold section of the company's profit and loss account for the year

Question 2. Assume that the pound amounts given above are for the equivalent of 40,000 units produced during the year. Compute the units cost for direct materials used and the unit cost for rent on the factory building.

Question 3. Assume that in the following year the company expects to produce 50,000 units. What per unit and total cost would you expect to be incurred for direct materials? For rent on the factory building?(assueme that direct materials is a variable cost and that rent is a fixed cost.)

Question 4. As the manager in charge of production costs, if any difference to the managing director in unit costs between Question 2 and Question 3 above, why.

Attachment:- schedule.zip