Answer:
Total number of units produced for the period = 662 units
Explanation:
Total manufacturing cost = (Fixed overhead cost) + (Total direct labour cost) + (Total materials cost) + (Total Variable overhead cost)
Let the number of units produced be Q
Total manufacturing cost = $160705
Fixed overhead cost = $58000
Total direct labour cost = cost of direct labour per hour × number of direct labour hours = 2.7 × 13100 = $35370
Total direct materials cost = Direct material cost per unit × number of units produced = 75 × Q
Total variable overhead cost = 50% of total labour cost = 50% of 35370 = $17685
160705 = 58000 + 35370 + 75Q + 17685
75Q = 160705 - 58000 - 35370 - 17685
75Q = 49650
Q = 662 units
Answer: Option C
Explanation:
A. Achievement of organizational goals is the result for which the controlling process is initiated.
B. Taking corrective action is the second last step in controlling process.
C. Controlling process starts with the establishment of standards from which the actual performance will be compared.
D. Comparison is the second step in controlling process.
E. Identification will be done only after the comparison and detection of deficiencies in the process.
