B. Compute for the cost and analyze the following problems. Write your answers on the sheet provided by your teacher. Show the solution in a separate sheet to arrive at the correct answers. 1. If you have two (2) workers receiving each a daily wage of P250.00 a day, with 5 working days a week, how much is your total wage bill for a month? ANSWER/SOLUTION: 2. Based on your answer in number 1, how much is your annual wage cost of production? ANSWER/SOLUTION: 3. How much will be your total direct costs per bench if the total direct labor is P200.00 and the total direct material is 450? ANSWER/SOLUTION: 4. What is 25% of the assumed P150,000.00 indirect costs? ANSWER/SOLUTION: 5. As an entrepreneur, what will you expect for a cost of a unit of wood bench when you target for 2,000 unit yearly sales with P225,000.00 total indirect costs for the year? ANSWER/SOLUTION: >
