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QUESTION 1

1. HASF Corporation began operations at the beginning of the current year. one of the year company product a compressor sells for 350 per units information related to the current year activities follows Variable cost per unit Direct material 55 Direct labor 84 Manufacturing overhead 76 Annual fixed cost Manufacturing cost 1,200,000 Selling and administrative 1,720,000 Sales and production Sales in units 20,000 Production 24,000 Required -( 01 marks each ) Cost of the December 31 finished goods inventory 1,060,000 Value of sales 7,000,000 Value of cost of sales 5,940,000 Gross profit 1,060,000 Net income -660,000 labor cost per unit if company produce 22,500 unit ( cost behavior patterns not change ) cost of fixed manufactuirng over head if company produce 22,500 unit ( cost behavior patterns not change ) cost of fixed selling and administartive exp if company produce 22,500 unit ( cost behavior patterns not change ) per unit cost of porducation if company produce 22,500 units Per unit gross profit if selling price will not change

   labor cost per unit if company produce 22,500 unit ( cost behavior patterns not change )

   cost of fixed manufactuirng over head if company produce 22,500 unit ( cost behavior patterns not change )

   cost of fixed selling and administartive exp if company produce 22,500 unit ( cost behavior patterns not change )

   per unit cost of porducation if company produce 22,500 units

   Per unit gross profit if selling price will not change

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