Q1 Mr. Mohammed furnishes the following data relating to the manufacture of a standard product during the month of April 2019. Raw materials consumed OMR 296000 Direct labour charges OMR 67800 Machine hour worked 21000 Machine hour rate OMR 3.5 Administrative overheads 25% on works cost Selling and distribution expenses OMR 0.60 per unit Units Produced 18500 Units Units Sold 16000 at OMR 6.4 per unit You are required to prepare a cost sheet from the above, showing: (a)The cost of production per unit. (b) Profit per unit sold and (c) Profit for the period.

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eBook Print Item Steeler Towel Company estimates its overhead to be $490,000. It expects to have 140,000 direct labor hours costing $6,125,000 in labor and utilizing 14,000 machine hours. Calculate the predetermined overhead rate using: Round your answers to two decimal places. A. Direct labor hours $ per direct labor hour B. Direct labor dollars $ per direct labor dollar C. Machine hours per machine hour