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    Assessment Tasks 7

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    Monaliza Malapit
    1. The document compares the costs of living at one's aunt's house versus living in a dormitory. Living at the aunt's house costs ₱15,100 while living in a dormitory costs ₱32,000. 2. It lists various costs as relevant, irrelevant, or sunk costs for consideration in a decision. Opportunity cost and tuition are considered irrelevant. Books already purchased are considered sunk costs. 3. It presents a production problem involving sales, variable costs, fixed costs, prime costs, conversion costs, and total product costs for 180,000 units of a product. Various production figures are provided to calculate total costs.

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    Assessment Tasks 7

    Uploaded by

    Monaliza Malapit
    21 views4 pages
    1. The document compares the costs of living at one's aunt's house versus living in a dormitory. Living at the aunt's house costs ₱15,100 while living in a dormitory costs ₱32,000. 2. It lists various costs as relevant, irrelevant, or sunk costs for consideration in a decision. Opportunity cost and tuition are considered irrelevant. Books already purchased are considered sunk costs. 3. It presents a production problem involving sales, variable costs, fixed costs, prime costs, conversion costs, and total product costs for 180,000 units of a product. Various production figures are provided to calculate total costs.

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    1. The document compares the costs of living at one's aunt's house versus living in a dormitory. Living at the aunt's house costs ₱15,100 while living in a dormitory costs ₱32,000. 2. It lists various costs as relevant, irrelevant, or sunk costs for consideration in a decision. Opportunity cost and tuition are considered irrelevant. Books already purchased are considered sunk costs. 3. It presents a production problem involving sales, variable costs, fixed costs, prime costs, conversion costs, and total product costs for 180,000 units of a product. Various production figures are provided to calculate total costs.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    21 views4 pages

    Assessment Tasks 7

    Uploaded by

    Monaliza Malapit
    1. The document compares the costs of living at one's aunt's house versus living in a dormitory. Living at the aunt's house costs ₱15,100 while living in a dormitory costs ₱32,000. 2. It lists various costs as relevant, irrelevant, or sunk costs for consideration in a decision. Opportunity cost and tuition are considered irrelevant. Books already purchased are considered sunk costs. 3. It presents a production problem involving sales, variable costs, fixed costs, prime costs, conversion costs, and total product costs for 180,000 units of a product. Various production figures are provided to calculate total costs.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    PALCO JERAMEL S

    2 BSE
    Assessment Tasks 7
    Aunt's House Dormitory
    Plan Ticket: Cebu - Manila - Cebu IR
    Tuition Fee IR
    Board and lodging 25,000.00 R
    Share in Foods and Household 10,000 R
    Transportation 1,700.00 R
    Snacks I
    Books (already purchased) I
    Books(to be purchased) I
    Clothes I
    Personal Supplies 400 2,000.00 R
    other expenses 3,000.00 5,000.00 R
    Total 15,100.00 32,000.00

    2. Opportunity Cost = P40,000(P8,000 x 5months)


    3. Irrelevant Cost

    Plane ticket: Cebu-Manila-Cebu 8,000.00


    Tuition fee 1,000.00
    Snacks 4,000.00
    New Books 2,000.00
    Opportunity Cost 40,000.00
    Total Irrelevant Cost 55,000.00

    4. Sunk Cost
    Books already purchased 10,000.00
    Clothes 6,000.00
    Total 16,000.00

    Problem 2

    1. Present Profit
    Selling Price Unit
    Sales 40 10,000.00
    Variable Costs 23 10,000.00
    Fixed Costs
    Variable Selling Expense 2 10,000.00
    Fixed Selling Expense
    Profit
    Prime Cost
    DM 10
    DL 8
    Prime Cost / unit 18

    Total Units 180,000.00

    Conversion Cost
    DL 80,000.00
    Factory Overhead
    Variable = (5 x 10,000) 50,000.00
    Fixed Overhead 60,000.00
    Conversation Cost 190,000.00

    TPC = DM + DL + FOH
    DM 100,000.00
    DL 80,000.00
    Factory Overhead 110,000.00
    TPC = DM + DL + FOH 290,000.00

    Selling Price Unit Total

    Sales 40 12,000.00 480,000.00


    Variable Overhead 23 12,000.00 276,000.00
    Fixed Overhead 60,000.00
    Variable Selling Expenses 2 12,000 24,000.00
    60,000.00
    60,000.00
    a. Additional + P10,000
    DELA PENA
    PARTOSA
    Hatulan

    Sinay

    Maurin

    Orphiano

    De Jesus

    Andallo and Valdez

    Bajar

    Total
    400,000.00 Arizala
    230,000.00 Product Cost = DM +DL +FOH
    60,000.00 Lagundino
    20,000.00 Padilla
    40,000.00
    50,000.00 Caronel
    Martin

    Calica

    Empiatura/ Arcenal

    Pascual

    Garo
    Soriano

    Magallon
    Llabres
    Aloc

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