A. Calculate pre-determined overhead allocation rate. B. Calculate the applied overhead to job orders. C. Calculate the total cost for each job order and cost per unit.

ABC Company estimates that it will require 100,000 machine-hour to meet the coming period’s estimated production level in 2018. In addition, the company estimates total fixed manufacturing overhead at SR 300,000, and variable manufacturing overhead costs of SR 3 per machine -hour. (2marks)
If your fixed monthly utility charge is SR 100, your variable cost is SR1 per kilowatt hour, and your monthly activity level is 3,000 kilowatt hours, what is the amount of your utility bill? (1.0 marks)
Assume the following hours of maintenance work and the total maintenance costs for the following months: (1. marks)
following information are extracted from the records of ABC company for 2018: (1marks)

ABC company produced in Feb.2018 two job orders with the following information (Amounts in SR):

	Job no. 1 Save your time - order a paper! Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines Order Paper Now	Job no.2
Direct material	300,000	400,000
Direct labor	150,000	200,000
Actual machine hour used by orders	5,000	8,000
Units produced	5,000	6,000

Required:

Required:Calculate fived costs using The High-Low Method

Revenues	300,000
Variable manufacturing expenses	100,000
Fixed manufacturing expenses	20,000
Variable selling expenses	15,000
Variable administrative expenses	20,000
Fixed selling expenses	25,000
Fixed administrative expenses	30,000

Required: prepare income statement using contribution margin approach.