Holly Ltd Has the Following Costs for 1,000 Units What Is the Total Amount of Direct Materials for 100

question 61

Multiple Choice

Holly Ltd. has the following costs for 1,000 units: $\begin{array}{lrr}&\text { Total Cost } & \text { Cost per Unit } \\\text { Direct materials } & £ 1,500 & £ 1.50 \\\text { Direct labour } & 7,500 & 7.50 \\\text { Depreciation on building } & 30,000 & 30.00\end{array}$ What is the total amount of direct materials for 100 units?

• A)£1.50
• B)£3.00
• C)£150.00
• D)£225.00

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Definitions:

Annual Dividend

The total payment a company makes to its shareholders out of its profits over the course of a year.

Dividend Growing

A situation where a company consistently increases the amount of dividends paid to shareholders over time.

EPS Growth Rate

The annual percentage change in earnings per share, indicating the rate at which a company's profit per share is growing.

Rate of Return

An investment's growth or shrinkage in value throughout a particular phase, signified as a part of the original investment sum.