Opening stock of Raw material is 280000 OMR, Freight Inwards 3000 OMR, Purchases of Raw material 930000 OMR,Purchase returns is 1000 OMR and Closing stock of Raw material is 38000 OMR, Direct Wages is 175,000 OMR direct Expenses is 5000 OMF Calculate Prime cost. Select one: O a. 1,064,000 OMR O b. 1,069,000 OMR O c. 1,094,000 OMR O d. 1,354,000 OMR

3. ManutacturIng coste. Selected dala concorning last yoar's operatlons of Televans Company áre as follows (000s omitted): Inventorlos Daginning Ending Finlshod goods. Work In procOs... $90 $110 • 30 85 Maturlals. 75 Other data: Materlals usead.... $326 Tolal manulacturing costs clarged to Jobs during tho year (Includes malerials, cdirect labor, and factory overhead applled at a rale of 30% of dlrect labor cost).. Cost of goods avallablo for sale.. Markoting and administrativo exponses. 686 826 25 Flequirad: Compute the following: (1) Cost of materlals purchased. (2) Direct labor cost charged to production. (3) Cost of goods manufactured. (4) Cost of goods sold.X (ICMA adaptod) O50

Prepare the Income Statement of Rotary Limited for the year ended 28 February 2021 using the following methods of costing: 2.1 Marginal costing | 22 Absorption costing INFORMATION The following information was extracted from the accounting records of Rotary Limited for the year ended 28 February 2021: Inventory on 01 March 2020 Nil Production for the year 35 000 units Sales for the year 30 000 units Fixed costs: Manufacturing R700 000 Sales and administration R480 000 Variable costs per unit: Manufacturing R48 Sales and administration R12 Selling price per unit R150

Question 1: Estimation of WC The management of ABC Company Limited has called for a statement showing the WC needed to finance a level of activity of 3,00,000 units of output per year. The cost statement of the company's product, for the above-mentioned activity level, is given below: Cost per unit TK 20 Direct material Direct labor Overhead Total cost Target profit Target selling price 5 TK 15 40 10 TK 50 1. Past records show that raw materials are held in stock, on an average, for two (2) months; 2. Work in process (WIP) will approximate to 15 days production; 3. Finished goods remain in warehouse on average for 1 month; 4. Suppliers for materials extend one month's credit; 5. Two months credit is normally allowed to customers (assume all sales are on credit) 6. A minimum cash balance of TK 5,00,000 is expected to be maintained; 7. The production pattern is assumed to be even during the year. Prepare a Statement of Working Capital Requirements

Problem: AAA Company produces and sells Product X: Annual Demand                                                      24,000 units Annual cost to held one unit of inventory           P11.52 Order Cost                                                              P38.40 Beg. Inventory                                                        P 0   a. What is the Economic Order Quantity? b. How much is the total Order Costs? c. How much is the total Carrying Costs?

I. Cost Behavior and Estimation (HP 6) The owners of Mormont Co., Jorah and Lyanna, are expecting sales for August, 2019 to be 250,000 units. Information about Mormont's Sales and costs over the past three months, are as follows: Units Sold Sales Cost of Goods Sold Wage & Salary Expense Admin Expense May O 200,000 300,000 $3,450,000 $5,175,000 $1,575,000 $2,312,500 $950,000 $975,000 $1,300,000 $1,600,000 June July 500,000 $8,625,000 $3,787,500 $1,925,000 $2,500,000 Required: Based on the information provided, provide a projected income statement, using the contribution margin format. 5

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ok t For each of the following independent cases (A to E), compute the missing values in the table: Case A C D E Prime Conversion Cost Cost $ 9,560 $ 16,470 $ 57,300 110,600 48,750 Direct Materials 3,950 10,130 41,500 20,500 Direct Manufacturing Labor Overhead 7,400 12,650 14,400 $ 10,860 25,200 24,300 Total Manufacturing Cost 42,730 69,250 57,500