If the total cost of producing 1,000,000 bottle of ABC mineral water is $280,000, direct cost factor is 0.45 and indirect cost factor is 0.55. Estimate the total cost of ABC factory if: a- All cost factors are applied to the total cost. b- The indirect cost is applied independently from the total direct

If the total cost of producing 1,000,000 bottle of ABC mineral water is $280,000, direct cost factor is 0.45 and indirect cost factor is 0.55. Estimate the total cost of ABC factory if: a- All cost factors are applied to the total cost. b- The indirect cost is applied independently from the total direct

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Description: If the total cost of producing 1,000,000 bottle of ABC mineral water is $280,000, direct cost factor is 0.45 and indirect cost factor is 0.55. Estimate the total cost of ABC factory if: a- All cost factors are applied to the total cost. b- The indire

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...

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According to following information, which of the following is the total cost function in the form of Y = F+V*X? Number of units produced is 18,000. Fixed Variable Total Cost Cost Costs Material used in Production 88,000 40,000 128,000 Labour used in Production 42,000 38,500 80,500 Production Facilities cost 37,000 167,000 108,000 275,000 29,500 66,500 TOTAL COST Select one: O a. Y = 275,000+V*108 O b. Y = 167,000+V*18 O CY = 167,000+V*6, O d.Y = 108,000+V*275 e to search F10 D Gy H i BY NT M
According to following information, which of the following is the total cost function in the form of Y = F+V*X? Number of units produced %3D is 18,000. Fixed Variable Cost Cost Material used in Production 88,000 40,000 Labour used in Production 42,000 38,500 Production Facilities cost 37,000 29,500 TOTAL COST 167,000 108,000 Select one: • a. Y = 167,000+V*6 %3D b. Y = 167,000+V*18 c. Y = 275,000+V*108 d. Y 108,000+V*275 %3D
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