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Kayan Bhd (KB) manufactures a range of bicycle and sells to the retailers. KB has a budgetary control system to monitor revenue and costs in
Kayan Bhd (KB) manufactures a range of bicycle and sells to the retailers. KB has a budgetary control system to monitor revenue and costs in the effort to exercise control.
Due to the spike of pandemic covid-19, the company is budgeted to operate at only 65% of normal capacity, producing 65,000 units in the current year. The directors of KB expect that the company will be able to operate at 85% of its normal capacity. Therefore, actual total sales volume was 85,000 units during the year. The standard costs per unit of the product are:
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