a) 3Ws Sdn Bhd uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine hours required to support estimated production 100,000 hours Fixed manufacturing overhead cost RM650,000 Variable manufacturing overhead cost per machine hour RM5,00 During the year, Job 1709 was started and completed. The following information was available with respect to this job: Direct materials requisitioned RM450 Direct labour cost RM210 Machine hours used 50 Required: 1) Compute the predetermined overhead rate. (4 marks) ii) Compute the total manufacturing cost assigned to Job 1709. (2 marks) (b) for each of the following companies, irqlicate whether job or process costing is more appropriate ) A Cadbury chocolate factory. 11) A textbook publisher such as McGraw-Hill. 111) A Petronas oil refinery iv) A facility that makes Vitagen drinks. v) A manufacturer of rubber bands. vi) A manufacturer of Panadol painkiller tablets. vii) A shop that customizes vans 135% 20 sty POF P MacBook Air 80 QOD ODO Il F& 17 ACC3208 (F) /Page 5 of viin) A manufacturer of Kimball tomato sauce. 1x) A car rr shop. A Michelin tire manufacturing plant. xi) An advertising agency xii) An architecture firm. (6 marks (c) Three-Cs Sdn Bhd uses the weighted average method in its process costing system. The following data concem the operations of the company's first processing department for a recent month: Work in process, beginning: Units in process Stage of completion with respect to materials Stage of completion with respect to conversion.... 800 60% 10% Costs in the beginning inventory: Materials cost RM1,296 Conversion cost RM2,416 Units started into production during the month ............. 16,000 Units completed and transferred out Costs added to production during the month: Materials cost Conversion cost RM47,076 RM497,213 Work in process, ending: Units in process Stage of completion with respect to materials 300 60% > MacBook Air 13 added to production during the month: Materials cost Conversion cost RM47,076 RM497,213 Work in process, ending: Units in process Stage of completion with respect to materials Stage of completion with respect to conversion 300 60% 70% Required: i) Prepare a schedule of equivalent unit. (4 marks) ii) Compute the cost per equivalent unit (5 marks) 1) Compute the costs of goods transferred out and the cost of ending work in process, (4 marks) Total: 25 marks -THE END- MacBook Air 80 OOD 15 11 A # 3 $ 4 % 5 6 & 7 8 9 9 0