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1(A). Classify the following expenses incurred by a fertilizer business according to cost classification. Thick the relevant box/boxes: Fixed Variable Mixed Direct Direct Overhead Period
1(A). Classify the following expenses incurred by a fertilizer business according to cost classification. Thick the relevant box/boxes: Fixed Variable Mixed Direct Direct Overhead Period cost cost COST material labour cost cost Salaries of production workers Salaries of factory's manager Commission of salesperson Depreciation of machinery in plant Depreciation of office equipment Chemical used in the production Delivery expenses Indirect materials (16 marks) 7 A B 1 EE % 1/A). Classify the following expenses incurred by a fertilizer business according to cost classification. Thick the relevant box boxes Fixed Variable Mixed Direct Direct Overhead Period COSE COSE cast material labour cost COSE Salaries on 11:35 A 1(B). The following is the balance of accounts of ENVY Enterprise, a manufacturer of engine lubricants as of 31 December 2019: Costs RM 2,500 6,000 4,000 3,000 4,000 Beginning balance raw materials Beginning balance work in process Beginning balance finished goods Ending balance raw materials Ending balance work in process Ending balance finished goods Raw materials purchased Salaries of direct labour Salaries of indirect labour Utility of factory Depreciation of factory equipment Administrative expenses Selling expenses 5,000 24 000 60,000 12.000 8.000 2000 72,000 36,000 h Required: Prepare a statement of cost of goods manufactured! 19 m2
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