Answered step by step
Verified Expert Solution
Question
1 Approved Answer
(c) During the most recent year, Papasab Company had the following data: [Pada tahun terakhir, Syarikat Papasab mempunyai data berikut:] Table 7: Production Costs [Jadual
(c) During the most recent year, Papasab Company had the following data: [Pada tahun terakhir, Syarikat Papasab mempunyai data berikut:] Table 7: Production Costs [Jadual 7: Kos-kos Pengeluaran] Details Chocolate Butter Cake Cake Units produced 20,000 40,000 Units sold (RM40 per unit) 10,300 38,700 RM RM Selling price 40.00 35.00 Variable costs per unit: Direct materials 10.00 10.95 Direct labor 7.00 3.75 Variable overhead 4.00 2.65 Selling expense 2.00 Fixed costs: Fixed overhead per unit produced 5.00 2.50 Fixed selling and administrative 135,000 275,500 Required: [Dikehendaki:] (i) Calculate the unit cost for the chocolate cake and butter cake using the variable costing method and absorption costing method. [Kirakan kos unit untuk kek coklat dan kek mentega menggunakan kaedah pengekosan boleh ubah dan kaedah pengekosan serapan.] (ii) Solve operating income using variable costing. (4 Marks/ Markah) [Selesaikan pendapatan operasi menggunakan pengekosan boleh ubah.] (5 Marks/ Markah) (iii) Solve operating income using absorption costing. [Selesaikan pendapatan operasi menggunakan pengekosan serapan.]
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started