If material used are OMR 27,000; direct wages is OMR 22,500; labor hours worked are...

50.1K

Verified Solution

Question

Accounting

If material used are OMR 27,000; direct wages is OMR 22,500; labor hours worked are 18,000 hrs.; machine in operation hours are 15,000 hrs.; overhead cost is OMR 10,000. What would be the percentage of direct labor cost?

a. 37 percent

b. 56.9 percent

c. 44.44% percent

d. 40.66 percent

2-

A biscuit manufacturing companys monthly consumption of wheat flour is 12,000 Kilograms. How many orders would the company place in a year, if the Economic Order Quantity is 4,000 Kilograms?

a. 0.33

b. 3

c. 0.25

d. 36

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students