Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

for easy understanding, illustrate in a tabular form the different cost objects in respect to their cost units. (05 marks) Cost item UGX Direct materials

for easy understanding, illustrate in a tabular form the different cost objects in respect to their cost units. (05 marks) Cost item UGX Direct materials 500,000 Direct wages 180,000 Factory rent and rates 45,000 Office rent and rates 20,000 Plant repair & maintenance 10,000 Plant depreciation 12,500 Factory heating & lighting 2,000 Factory managers salary 124,000 Office salaries 310,000 Telephone & postage 3,500 Printing & stationery 17,800 Salesmens salaries 182,000 Showroom rent 50,000 Profit 12% on cost b) The following data relates to Azukaru manufacturing firm, it is for the period ended 30th June 2020 Required: (i) Prepare a cost sheet clearly showing its components. (16 marks) (ii) Determine the profit margin and the sales revenue (04 marks)

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

Comparative International Accounting Subsequent Edition

Authors: Christopher Nobes, R. H. Parker

5th Edition

0137364636, 9780137364633

More Books

Students also viewed these Accounting questions

Question

=+d) Are all of these rolls within the specification limits?

Answered: 1 week ago