tSpiwe Chelsea Moyo
19010787
BCEL2
FINM6212
Financial Management 2A Exam
, Question 1
Cumulative Total production Total labour cost Average cost
production time
4 sets 4 x 4 x 0.82 = R40.96 R10.24
10.24hours
16 sets 16 x 4 x 0.84 = 26.21 R104.80 R6.55
hours
Production 4 sets 16 sets
Unit cost:
Direct labour R10.24 R6.55
Direct material R25 R125
Fixed cost [2 000/4] ; [2 000/16] R500 R125
Total cost per unit R535.24 R156.55
19010787
BCEL2
FINM6212
Financial Management 2A Exam
, Question 1
Cumulative Total production Total labour cost Average cost
production time
4 sets 4 x 4 x 0.82 = R40.96 R10.24
10.24hours
16 sets 16 x 4 x 0.84 = 26.21 R104.80 R6.55
hours
Production 4 sets 16 sets
Unit cost:
Direct labour R10.24 R6.55
Direct material R25 R125
Fixed cost [2 000/4] ; [2 000/16] R500 R125
Total cost per unit R535.24 R156.55