Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

C. Patissiere House is a famous bakery shop that sells variety of breads, cakes and pastry. Below is the information of Patissiere House for the

image text in transcribed C. Patissiere House is a famous bakery shop that sells variety of breads, cakes and pastry. Below is the information of Patissiere House for the month of June 2016 and you are required to prepare a Cost Statement which clearly show the prime costs, production costs and total costs. Flour and butter Eggs and sugar Flavouring and colouring Chef wages Wages of kitchen assistant RM 5,000 3,000 800 2,500 900 1,200 Depreciation of oven and mixer 200 Depreciation of delivery van 250 Commission paid to sales promoter 1,000 Utilities (70% kitchen; 30% administrative) 1,500 Other administrative expenses 1,300 Depreciation of office equipment 100 Salary of cashier

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial and Managerial Accounting

Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson

10th edition

978-1285441979, 1285441974, 978-1133626992, 1133626998, 978-1133940593

More Books

Students also viewed these Accounting questions

Question

Describe the historical roots of clinical psychology.

Answered: 1 week ago