cost accounting

B MUA Chanteque provides makeup services to the bride-to-be, dinner glam, and photo shoot session in Kota Samarahan. The business is owned and managed by Sherry. Currently, she is assisted by three (3) certified and trained makeup artists. The following information relates to the cost of the business for the first half of 2018: Makeup kits (brushes, foundations, concealers, RM5,000 per makeup artists palettes, product for eyes, brows, lips and cheeks, eyeliners, mascara, false lashes and glue, powder, and etc.) Salary of makeup artists RM2,000 per month per artist Rental of studio RM1,800 per month Electricity and water RM500 per month Depreciation of office equipment RM17,500 per annum Annual business license RM1,000 Annual insurance of makeup artists RM500 per makeup artist Marketing and advertisement RM300 per month Repair and maintenance of studio RM450 Required: Compute the total costs incurred by MUA Chanteque for the first half of 2018