Question

If the cost of the total production at the beginning of the period is 800 SAR,...

If the cost of the total production at the beginning of the period is 800 SAR, and the cost of the total production at the end of the period is 850 SAR, and 12,000 SAR sales revenue, 2200 SAR the cost of total production during the period, 500 SAR administrative expenses, 150 SAR of water and electricity expenses for the public administration, 200 SAR selling expenses, 3000 SAR salary of the director of the administration. Net profit is equal to?

and cost of sales is equal to?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
From the following details calculate Prime cost, Factory cost, cost of production, Cost of Sales and...
From the following details calculate Prime cost, Factory cost, cost of production, Cost of Sales and Profit.                                                                                                                  [Currency in SAR] Direct Material 120,000 Direct wages 40,000 Wages for foreman 5,000 Electric Power 1,000 Lighting: Factory Office 3,000 1,000 Store keeper’s wages 2,000 Oil &Water 1,000 Rent: Factory Office 10,000 2,500 Depreciation: Factory plant Office Premises 1,000 2,500 Consumable stores 5,000 Repairs &Renewals: Factory plant Office Premises 3,500 1,000 Manager’s salary 10,000 Director’s fees 2,500 Office stationery 1,000 Telephone Charges...
Financial Information: TV tables dining Tables Chairs Selling Price per unit SAR 1,000 SAR 5,000 SAR...
Financial Information: TV tables dining Tables Chairs Selling Price per unit SAR 1,000 SAR 5,000 SAR 700 Direct Materials cost per 1 Kg of wood timber SAR 50 SAR 50 SAR 50 Kg of wood timber required per unit 10 35 5 Direct Labour hour cost SAR 30 SAR 30 SAR 30 Sales commission per item sold SAR 10 SAR 15 SAR 5 Variable manufacturing overhead per unit SAR 20 SAR 24 SAR 18 Number of labour hours per unit...
Bellucci Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Bellucci Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.30 Direct labor $ 3.45 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 103,200 Sales commissions $ 1.10 Variable administrative expense $ 0.65 Fixed selling and administrative expense $ 38,400 The incremental manufacturing cost that the company will incur if it increases production from 8,000 to 8,001 units is closest to (assume that the increase is within the relevant range): Multiple Choice $28.45...
Financial Information: TV tables dining Tables Chairs Selling Price per unit SAR 1,000 SAR 5,000 SAR...
Financial Information: TV tables dining Tables Chairs Selling Price per unit SAR 1,000 SAR 5,000 SAR 700 Direct Materials cost per 1 Kg of wood timber SAR 50 SAR 50 SAR 50 Kg of wood timber required per unit 10 35 5 Direct Labour hour cost SAR 30 SAR 30 SAR 30 Sales commission per item sold SAR 10 SAR 15 SAR 5 Variable manufacturing overhead per unit SAR 20 SAR 24 SAR 18 Number of labour hours per unit...
. Calculate Prime Cost, Factory Cost, Cost of Production, Cost of sales and Profit from the...
. Calculate Prime Cost, Factory Cost, Cost of Production, Cost of sales and Profit from the following details: Direct Material SR 10,000 Direct Labor SR   4,000 Direct Expenses SR      500 Factory Expenses SR    1,500 Administrative Expenses SR    1,000 Selling Expenses SR        300 Sales SR 20,000
Calculate the total Cost of sales amount shown in the published statement of comprehensive income for...
Calculate the total Cost of sales amount shown in the published statement of comprehensive income for the year ended 30 September 2020, based on the following information: Extract from Trial balance at 30 September 2020 £'000 £'000 Buildings: Cost 2,000 Factory Plant and machinery: Cost 1,100 Factory Plant and machinery: Accumulated depreciation 110 Furniture and equipment: Cost 960 Furniture and equipment: Accumulated depreciation 192 Motor Vehicles: Cost 720 Motor Vehicles: Accumulated depreciation 180 Advertising 240 Other administration expenses 370 Cost...
A Belgium subsidiary's beginning and ending trial balances appear below: Dr (Cr) January 1 December 31...
A Belgium subsidiary's beginning and ending trial balances appear below: Dr (Cr) January 1 December 31 Cash, receivables € 1,500 € 1,200 Inventories 3,000 3,500 Plant & equipment, net 30,000 39,000 Liabilities (18,500) (27,200) Capital stock (4,000) (4,000) Retained earnings, beginning (12,000) (12,000) Sales revenue -- (15,000) Cost of sales 9,500 Out-of-pocket selling & administrative expenses -- 4,000 Depreciation expense -- 1,000 Total € 0 € 0 Exchange rates ($/€) are: Beginning of year $1.25 Average for year 1.22 End...
A Belgium subsidiary's beginning and ending trial balances appear below: Dr (Cr) January 1 December 31...
A Belgium subsidiary's beginning and ending trial balances appear below: Dr (Cr) January 1 December 31 Cash, receivables € 1,500 € 1,200 Inventories 3,000 3,500 Plant & equipment, net 30,000 39,000 Liabilities (18,500) (27,200) Capital stock (4,000) (4,000) Retained earnings, beginning (12,000) (12,000) Sales revenue -- (15,000) Cost of sales 9,500 Out-of-pocket selling & administrative expenses -- 4,000 Depreciation expense -- 1,000 Total € 0 € 0 Exchange rates ($/€) are: Beginning of year $1.25 Average for year 1.22 End...
The total variable cost flexible-budget variance for any given period: Multiple Choice Is directly affected by...
The total variable cost flexible-budget variance for any given period: Multiple Choice Is directly affected by the difference between actual sales volume and the sales volume embodied in the flexible budget. Is decomposable into production-volume and production-mix components. Can be broken down into flexible-budget variances for major costs such as materials, labor, variable overhead, and variable selling expenses. Is decomposable into sales-volume and sales-mix components. Is the difference between actual total variable cost incurred and master budgeted total variable cost.
Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of Safety, and Operating Leverage Belmain Co. expects to...
Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of Safety, and Operating Leverage Belmain Co. expects to maintain the same inventories at the end of 20Y7 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year. A summary report of these...