M Sent Mail - jacksonremo876@ x | (6) WhatsApp X Microsoft Word - Final_BA215 X Course Hero X on UCSI University - CourseNetv X + X > C @ File | file:///C:/Users/hp/Downloads/Final_BA215%20-%20May-Aug.pdf E Microsoft Word - Final_BA215 - May-Aug. 2021 QUESTION 3 / 3 1 - 110% + May - Aug. 2021 Final Examination BA215 Management Accounting / Question 4 Touch light is manufactured by QQ Ltd. The following data pertain to the company's operations last year: Units in beginning inventory 5.000 Units produced 60,000 Units sold 40,000 Selling price per unit RM8 Variable costs per unit: Direct materials RM2 Direct labor RM1.60 Variable manufacturing overhead RM0.80 Variable selling and administrative RM0.60 Fixed costs in total: Fixed manufacturing overhead RM20,000 Fixed selling and administrative RM5,000 Required: (a) Prepare an income statement for the year using variable costing. (1 1 marks) (b) Distinguish between variable and absorption costing and describe how non- manufacturing fixed costs are treated in these two costing systems. (14 marks) [Total: 25 Marks] Type here to search O 26 C A 01 4 (x ENG 9:11 AM 27/8/2021