A company manufactures travel cases. Travel cases have the following manufacturing costs: £ per bag Labour (5 hours at £5.00/hour) 25 Materials 40 Variable production overheads 10 In addition, the company has monthly fixed manufacturing overhead costs of £100,000. If 5,000 travel cases are manufactured every month, what is the total cost of manufacturing? a) £375,000 b) £475,000 O c) £425,000 d) £325,000

Fantastic Plastics manufactures plastic bottles that are used by other companies for packaging. The have four operating machines in the factory that operate at 80% capacity. One machine can produce 10 000 plastic bottles per month at full capacity. There are four weeks in a month and all bottles are sold in the month of manufacture. Bottles are sold at R5 each. The following costs are incurred on a monthly basis in the manufacturing of plastic bottles. Plastic purchased per week. R8 000. Wages of machine operators R2 000 per week. There are four operators on duty at any time. Monthly salary of factory supervisor R20 000. Deprecation of machines R6 000 per machine per annum.   Water and electricity of R12 000 per month. Must be apportioned according to floor space. (Factory takes up 80% of total floor space).   Q1)Calculate the variable cost per unit manufactured and the fixed cost per month.

A manufacturing company has to produce and sell 229 items every month to break even. The company's fixed costs are $2,281.50 per month and variable costs are $12.00 per item. a. What is the total revenue at the break-even point? Round to the nearest cent b. What is the selling price per item? Round to the nearest cent

Mango Ltd produces several types of skin cream. You have been provided with the following expected average weekly information for June. £ £ Sales 33,000 Ingredients 6,050 Staff 11,550 Electricity 3,100 Factory rent 3,600 (24,300) Profit 8,700 The average skin cream sells for £6 per unit. All costs are variable costs except for electricity costs which are semi-variable with a fixed element of £2,000 per week and factory rent, which is fixed. In July, the average selling price per skin cream is expected to stay the same as June, but the sales volume is expected to be 15% higher than June. Contribution in July is expected to be £2.40 per skin cream and fixed costs are expected to total £5,700. In August, Mango Ltd considers selling some of the skin creams in smaller portions called mini-pots, in addition to the usual skin creams. It estimates that 1,200 mini-pots could be sold each week at £3 per mini-pot. The variable cost of each mini-pot would be £1.40. Incremental fixed costs per week…