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Tashia S.

asked • 08/24/20

PLEASE HELP!..! '_'

SK Corporation has provided the following miscellaneous information regarding the operations of financial year 2020;

sh

Sales                                                                           10,000,000

Direct materials used                                                 4,000,000

Direct labour                                                              1,500,000

Fixed manufacturing overheads                                2,000,000

Fixed selling and administration expenses                1,000,000

Gross profit                                                                2,000,000

Net loss                                                                      500,000


Calculate:

(i) Factory cost of goods sold  

(ii) Variable factory overhead

(iii) Variable selling and administration expenses

(iv) Contribution margin in in shillings 

(v) Break-even point in shillings

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