Accounting homework help

Q1 Provide example of one Saudi Company and analyze two examples of organizational strategies and operating plans for this example. (1 Mark)

 

Q2 Abdulkrim Company manufactures a product A.  The company estimates the cost function for the total costs. The cost driver is number of units.  The following  informations were collected:

 

Month                     Units                                               Total Costs

January                     3,560                                             $242,400

February                   3,800                                             $252,000

March                       4,000                                             $260,000

April                         3,600                                             $244,000

May                          3,200                                             $228,000

June                          3,040                                             $221,600

 

Compute a cost function using the high-low method.

            (1 Mark)

Q3        Hashim Corporation sells its product for $17 per unit.  Its variable cost is $10 per unit, and total fixed costs are $800.  Assuming next period’s estimated sales are 300, calculate the following amounts:

1. Degree of operating leverage
2. Margin of safety in units
3. Margin of safety in revenues

 

(1 Mark)

Q 4 Provide one numerical example for allocation of overhead of one job and analyze this example?

(1 Mark)

Q 5 Discuss the concept of Equivalent Units in process costing and give numerical example? (1 Mark)