Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
XYZ Municipality purifies water before it enters the reticulation network. There are presently 3 purification processes available to the municipality. These processes sre referred to as A, B and C. Budgeted costs and purification information for the coming period is as follows:
Service
A
B
C
(all per 1,000 kiloliters)
Costs
Direct materials
R 120
R 100
R 60
Direct labour
R 42
R 28
Equipment hours
6hrs
4hrs
Labour hours
0.1hr
0.02hrs
Output in 1,000 kl
1,200
1,000
800
They are usually produced in production runs of 10,000 kl and distributed to consumers in batches of 5,000 kl. The municipality uses a cost plus 20% mark-up in order to measure prices. Budgeted purification fixed overhead is absorbed using equipment hour rate, and budgeted overhead for the coming period has been analyzed as follows:
Rent, supervision, power and depreciation
R 260,000
Set-up costs
R 150,000
Goods (chemicals) inwards
R 96,000
Quality inspection
R 52,500
Reticulation
R 97,500
Total
R 656,000
Budgeted equipment hours for the period is 16,400 hours
Required:
(i) Measure the budgeted total cost per 1,000 kl for every process, showing clearly the prime
cost, overhead cost and total cost.
(ii) Using your total cost estimates from (a) (i) and a mark-up of 20% on cost, measure the
budgeted price per 1,000 kl of every of the 3 processes.
In May of 2010 a calendar year taxpayer, placed in service $2,137,000 of USED 15-year recovery property. The taxpayer has taxable income of $1,175,000 before the cost recover
disolution of parteners
Powers of investment 1. Shares and debentures: A trustee may: Invest in bearer securities if these would otherwise be authorised; Acquiesce in an amalgamation
d. Prepare the summary journal entry required to transfer finished component kits from the Cutting Department to the Finishing Department in January. e. Compute the total cost assi
Can you do the attached quections by Monday?
Bakers Bagels LLC produces and sells 20 types of bagels by the dozen. Bagels are priced at $6.00 per dozen (or $0.50 each) and cost $.020 per unit to produce. The company is consid
(a) IFRS 8 Operating segments requires that segmental information be provided by listed entities. Clearly FGH is looking to list and hence IFRS 8 will be applicable. The disclosure
What was the business strategy underlying the merger? How was the acquisition financed? Was it a vertical, horizontal or conglomerate merger? The strategy behind those merge
Question 1 The following information should be used for questions #1 through #7: Jersies, Inc financial statement data. 2009 2010
Q. What is primary financial purpose? The primary financial purpose of a company is typically stated to be the maximisation of shareholder wealth and Sassone plc has declared p
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd