.... How to Find Your Subject Study Group & Join ....   .... Find Your Subject Study Group & Join ....

We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

www.vustudents.ning.com

Study Groups By Subject code Wise (Click Below on your university link & Join Your Subject Group)

[ + VU Study Groups Subject Code Wise ]  [ + COMSATS Virtual Campus Study Groups Subject Code Wise ]

Looking For Something at vustudents.ning.com?Search Here

# kindly any one wo solve this type of question help me plz

Q. 1  (a)     The president of Bright Corporation tells you that he sees a dim future for his company. He feels that his hands are tied because fixed costs are too high. He says that fixed costs do not change and therefore the situation is hopeless. Do you agree? Explain.                                      (10)

(b)     Distinguish between relevant and irrelevant costs and provide examples of each type of cost.     (10)

Q. 2  Salman Corporation estimated its overhead costs would be Rs. 24,000 per month except for January when it pays the Rs. 72,000 annual insurance premium on the manufacturing facility. Accordingly, the January overhead costs were expected to be Rs. 96,000 (Rs.72,000 + Rs. 24,000). The company expected to use 7,000 direct labor hours per month except during July, August, and September when the company expected 9,000 hours of direct labor each month to build inventories for high demand that normally occurs during the Christmas season. The company’s actual direct labor hours were the same as the estimated hours. The company made 3,500 units of product in each month except July, August, and September in which it produced 4,500 units each month. Direct labor costs were Rs. 24 per unit, and direct materials costs were Rs. 10 per unit.           (15)

Required:

1. Calculate a predetermined overhead rate based on direct labor hours.
2. Determine the total allocated overhead cost for January, March, and August.
3. Determine the cost per unit of product for January, March, and August.
4. Determine the selling price for the product, assuming that the company desires to earn a gross margin of Rs. 20 per unit.

Views: 71

## Forum Categorizes

Job's & Careers (Latest Jobs)

Scholarship (Latest Scholarships)

Internship (Latest Internships)

::::::::::: More Categorizes :::::::::::

## Latest Activity

Bilal Chaudhary replied to Aniya Khan's discussion Assignment No 3 CS-604 in the group CS604 Operating Systems
20 minutes ago
Bilal Chaudhary, Anam and sara ali joined + M.Tariq Malik's group

### CS604 Operating Systems

23 minutes ago
30 minutes ago
30 minutes ago
jawad ahmad replied to Ayesha Ahmad's discussion CS506 assignment # 3 in the group CS506 Web Design and Development
32 minutes ago
41 minutes ago
مرزا طاہر replied to مرزا طاہر's discussion #Ladla
43 minutes ago
59 minutes ago

Venice, Italy