The company expects to sell 1400 plates in the year 01, but it produces only 9200 plates in the same year.

The company applies job costing. The indirect material costs, which amount to EUR 830, are allocated based on direct material costs.

Calculate the allocation rate for indirect material costs of the year 01 (in %)!

Note: Please round your result to 2 decimal places!

The company expects to sell 1400 plates in the year 01, but it produces only 9200 plates in the same year.

The company applies job costing. In contrast to the allocation rate for indirect material costs calculated above, the allocation rate for indirect material costs to be used in this task is 7.00%. This allocation rate is also based on direct material costs. The allocation rate for indirect labor costs amounts to EUR 7.30 per direct labor hour.

Calculate the manufacturing cost per plate incurred in the year 01 (in EUR per unit)!

Note: Please round your result to 2 decimal places!

The company expects to sell 1400 plates in the year 01, but it produces only 9200 plates in the same year.

Calculate the sales revenues of the year 01 (in EUR)!

Note: Please round your result to 2 decimal places!

The salaries of maintenance personnel are part of the direct costs in a manufacturing company.

Classify this statement as either TRUE or FALSE!

For the calculation of the costs of one standardized product produced in large quantities, the application of process costing is recommended.

Classify this statement as either TRUE or FALSE!

The

management accountant must always adhere to the accounting regulations

and

guidelines.

Classify this statement as either TRUE or FALSE!

The

gross margin

corresponds

to the difference between sales revenue and variable cost.

Classify this statement as either TRUE or FALSE!

One

objective of a company is to build long-term competitive advantages.

Classify this statement as either TRUE or FALSE!