1. Super Delicious Cakes is involved in selling cakes. You are required to classify the following...
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1. Super Delicious Cakes is involved in selling cakes. You are required to classify the following costs according to their behaviour either fixed cost, variable cost,semi- fixed or semi-variable cost: a) Sugar b) Salary of baker based on the number of hours c) Telephone bill d) Rental of the bakery RM1000 per month (CO1) [4 M] 2. A company manufactures a product from a raw material, purchased at RM54 per kg. The company incurs ordering cost RM7.50 per order. The holding cost of inventory of raw material is RM6. The annual production of the product is 47250 units. Lead time is 2 days and annual business days are 250 days.The daily consumptions are 170-189kg. Required: a) Calculate the economic order quantity of raw materials. b) Calculate the reorder point of raw materials. (CO1) [3 M] [2M] 3. Calculate the OAR using plant-wide method if the estimated total overheads are RM10000 and estimated total machine hours are 10000 where as the actual machine hours used are 11000. (CO1) [1M] 1. Super Delicious Cakes is involved in selling cakes. You are required to classify the following costs according to their behaviour either fixed cost, variable cost,semi- fixed or semi-variable cost: a) Sugar b) Salary of baker based on the number of hours c) Telephone bill d) Rental of the bakery RM1000 per month (CO1) [4 M] 2. A company manufactures a product from a raw material, purchased at RM54 per kg. The company incurs ordering cost RM7.50 per order. The holding cost of inventory of raw material is RM6. The annual production of the product is 47250 units. Lead time is 2 days and annual business days are 250 days.The daily consumptions are 170-189kg. Required: a) Calculate the economic order quantity of raw materials. b) Calculate the reorder point of raw materials. (CO1) [3 M] [2M] 3. Calculate the OAR using plant-wide method if the estimated total overheads are RM10000 and estimated total machine hours are 10000 where as the actual machine hours used are 11000. (CO1) [1M]
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Answer 1 Classification of Costs a Sugar Variable Cost b Salary of baker based on the number of hour... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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