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Steel Co makes metal shelving in a process that involves cutting shapes out of metal sheets. As a result, 10% of the raw materials are offcuts. In May, raw materials of 6,500 kg are used and there is an abnormal loss of 200kg.What is the quantity of good production achieved? ______

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The costs of service department A and service department B need to be reapportioned to the two Production departments using the direct method. The total overhead costs of each department are as follows:Service department A is to be reapportioned to the production centres on the basis of number of employees. Service department B is to be reapportioned on the basis of machine hours.What is the total overhead cost of Production 1 after the reapportionment? ______

A machine is purchased for $100,000. The residual value at the end of its life is $15,000. The useful life is 5 years.Using the straight line method, what is depreciation in year 3? ______

An organisation receives three deliveries of inventory as shown below.300 units were then issued.Using the FIFO method of valuation, what is the value of the 300 units issued? ______

Production costs of product Z vary depending on the level of activity. Costs recorded at various levels of activity have been as follows:How much is the fixed cost of production? ______

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