Question 10 30 points JOLO-77 Your factory makes wireless optical mouse. It produces 5,000 units...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Question 10 30 points JOLO-77 Your factory makes wireless optical mouse. It produces 5,000 units per year with a sing price of AED 600 per moute. The coded with producing the to follows 1. The material cost for the mouse in 25% of the mouse price 2. The labor cost is AED 20 per unit of the mouse 3. The manufacturing overhead (indirect) cost is 15% of the summation of labor and material costs 4. The space rental cost of the factory is AED 800,000 per year 5. Administrative salaries are AED 500,000 per you 6. Other operating expenses are AED 500,000 per year 7. The factory bought an equipment for a price of AED 2,000,000. This equipment will last for 10 years with no salva value at the end of service the 8. To be able to purchase the equipment, factory owners took a loan of AED 300,000 with an interest rate of 5% per your 9. A fax of 5% of the net income before tax will be paid Calculate the not income for this factory? Click Submit to complete this assessment
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
