The costs of product X are as follows:250 units of product X have been sold at a price of $100. Fixed costs for the period have been $7,500.What is the profit for the period? ______
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Direct Co has apportioned its overheads to two production departments and two service departments as follows:The cleaning department spends 30,000 hours cleaning production department A, 15,000 hours cleaning production department B and 15,000 hours cleaning the maintenance department.The maintenance department spends 6,000 hours on production department A, 6,000 hours on production department B and 3,000 hours on the cleaning department.Using the direct method of reapportionment, what is the total overhead amount apportioned to production department A? ______
The following information is provided for the inventory of a business: What is the minimum inventory level that the business should hold? ______
Production costs of product Z vary depending on the level of activity. Costs have been recorded at various levels of activity as follows:What is the variable cost per unit? ______
Pear Co estimates its annual demand for its product to be 6,000 units. Order costs are $8 per order and the holding costs are $0.20 per unit per month.Pear Co would like to minimise the costs of inventory so needs to know the economic reorder quantity to achieve this. Calculate the economic order quantity for Pear Co. ______