QUESTION 6 Thataone Ltd supplied the following information: Sales revenue Direct material Direct labour Factory...
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QUESTION 6 Thataone Ltd supplied the following information: Sales revenue Direct material Direct labour Factory supervisor's salary Factory rent Sales office expenses Indirect material Administrative office rent Factory insurance Depreciation of factory equipment N$65 000 40% of total manufacturing costs 16 000 7 000 6 000 1 000 2000 3 000 2000 3 000 3 Unit 1 - Review Questions REQUIRED; calculate the following: 1. Manufacturing overheads cost 2. Conversion cost 3. Total manufacturing costs 4. Direct material cost 5. Prime cost 6. Assume Thataone Ltd had manufactured 1 000 units during the period, cost per unit cost is equally to...... 7. Refer to required No. (6) above. What would be the selling price, if Thataone Ltd wanted a mark-up of 40%? 8. Refer to required No. (6) above. What would be the selling price, if Thataone Ltd wanted a gross profit of 40%
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