2 points 1 point Employees are always motivated to work towards the company's goals when budgets are handed down from top management as employees will not be made responsible for any fault in the budget process. * FF Berhad needs 5,000 hours of labour for a contract they have been asked to quote for. The work currently being carried out by the employees is generating a contribution of RM12 per hour, although there is currently a substantial amount of idle time. The employees are paid at RM8 per hour. Determine the relevant cost of the labour required for the contract. O True O False A . C D RM60,000 RM100,000 RM40,000 RMO Planning. coordination and control are three basic aspects concerned with 1 point budgetary control. OA B O True O False OD 2 points 2 points SegarAmat Sdn Bhd has no excess capacity. If the company desires to implement the general transfer pricing rule, opportunity cost would be equal to: Z Company requires 2 materials: 1 kg of Material A1 and 1.5 kg of Material A2 to produce 1 unit of Product XY. Each Material A1 and Material A2 has a standard price of RM20/kg and RM25/kg respectively. During July, Z Company had paid RM110,000 for 4,950 kg of A1 and RM141,000 for 5,000 kg of A2 in order to produce 4,700 units of Product XY. Calculate the material mix variance for Material A1. A. RM19,400 (F) B. RM59,400 (F) C. RM59,400 (A) D. RM19,400 (A) A. B. C D Ze. the direct expenses incurred in producing the goods. the contribution margin forgone from the lost external sale. the total difference in the cost of production between two divisions. OA od O O O O OD 1 point When investigating variances, management is more likely to investigate those costs that are uncontrollable. * 2 points O True A manufacturing company requires 2,000 kg of material for a particular project in Taman Mega, Selangor. The company currently has 1,500 kg in inventory; however, the material does not meet the project's specification. The inventory originally cost RM8 per kg, the current market price is RM10 per kg. O False Calculate the relevant cost for the material required for the project. 1 point Feedback control provides monitoring and checking from the front end or input aspect instead of the result end or output. * A. B. C. D. RM20,000 RM18,000 RM 18,500 RM17.000 O True OB O False