Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

RM Raw material used 20,000 Factory operators wages 20,000 Rental 10,000 Utilities 5,000 Insurance for factory 2,000 Administration manager’s salaries 6,000 Carriage inwards for raw materials 1500 Sal

RM

Raw material used

20,000

Factory operators wages

20,000

Rental

10,000

Utilities

5,000

Insurance for factory

2,000

Administration manager’s salaries

6,000

Carriage inwards for raw materials

1500

Salaries for delivery van’s driver

3,000

Indirect labour cost

13,000

Advertising costs

7,000

Costing clerks’ salaries

3,000

Bought shelves for administration office

15,000

Revenue

110,000

Notes:

1. Apportion the cost of rental based on the following percentage: Production overhead 25%, Administration overhead 25%, Selling overhead 25% and Distribution overhead 25%.

2. Utilities will be apportioned based on the following percentage: Production overhead 50%, Administration overhead 20%, Selling Overhead 10% and Distribution overhead 20%.

Required:

Prepare the operating statement for the Cemerlang Sdn. Bhd.          [Total: 15 marks]

Question 4

A. Below are the costs and production volume of Aunty Annie Bakery Sdn. Bhd. during the months of April and May 2021.

Month

March

April

May

Units

15,000

25,000

35,000

Material costs

30,000

50,000

70,000

Insurance

3,000

3,000

3,000

Power

23,000

38,000

53,000

Depreciation – equipment

5,000

5,000

5,000

Advertising costs

16,000

26,000

36,000

Indirect labour

60,000

100,000

140,000

Warehouse costs

8,000

13,000

18,000

Required:

a) Analyse the costs according to their behaviour.             [9 marks]

b) Predict the costs for the month of June when 50,000 units will be produced.

            [6 marks]

         [Total: 15 marks]

Question 5

The following information are the information for Sapphire Enterprise.

Delivery period

2 to 4 weeks

Maximum consumption

400 units

Minimum consumption

120 units

Units required per annum

20,000

Ordering cost

RM20

Annual cost of carrying a unit in stock

RM5

You are required to calculate for each component:

a) Economic order quantity  [2 marks]

b) Reorder level  [2 marks]

c) Minimum  stock level             [3 marks]

Maximum  stock level             [3 marks]    

Show more
Files: question.docx
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question