Question
By the end of the year 2021, the company found that actual sales and costs have differed from the budget. The following are information regarding
By the end of the year 2021, the company found that actual sales and costs have differed from the budget. The following are information regarding the actual results.
Actual | Unit | Price (RM) |
Sales | 21,000 | 60.00 |
Direct Materials | Kg | Cost |
X3T9 | 42,000 | 1.20 |
Q2J6 | 20,000 | 4.20 |
Total Materials | ||
Direct Labour | 85,000 | 3.80 |
Variable Overhead | 85,000 | 2.10 |
Prepare the income statement similar to the budgeted income statement in part (b) based on the actual results of the company.
Unit | Price | Total | Per Unit | |
Sales | ||||
Direct Materials | Kg | Cost | ||
X3T9 | ||||
Q2J6 | ||||
Total Materials | ||||
Direct Labour | ||||
Variable Overhead | ||||
Total variable | ||||
Contribution Margin | ||||
Fixed Overhead Cost | ||||
Profit |
2. Consider a car that is traveling at 25 m/s. The static friction coefficient between a car's tires and the road is 0.89 and the coefficient of kinetic friction is 0.61. a) Find the minimum stopping distance when the brakes are working and so static friction applies. b) Find the stopping distance when the wheels are locked and the car is skidding.
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