Calculate the direct material from the following information: Direct expenses RO 90,000, Direct labor RO 20,000, manufacturing overheads RO 30,000 and prime cost RO 170,000. a.RO 21,000 b.RO18,000 c.RO 60,000 d.RO 20,000

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter12: Differential Analysis And Product Pricing
Section: Chapter Questions
Problem 12.16E: Product cost concept of product pricing Based on the data presented in Exercise 12-15, assume that...
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5. Calculate the direct material from the following information: Direct expenses RO 90,000, Direct labor RO 20,000, manufacturing overheads RO 30,000 and prime cost RO 170,000.
a.RO 21,000
b.RO18,000
c.RO 60,000
d.RO 20,000
 
6. Which of the following are used for calculating economic order frequency?
   i. Total annual consumption
   ii. No of order per year
   iii. Buying cost per order
   iv. 365 days
a.i and ii
b.ii and iv
c.iii and iv
d.i and iv
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