management accounting

Beauty Ahrn Sdn Bhd (BASE) is a manufacturer of quality hair care products. which operates in Kedah. In the production, each product will pass through two (2) operating departments: Mixing and Packaging. BASE uses the weighted average method in allocating the manufacturing costs. The ingredients are combined in the Mixing Department and nally are packed into l-liter containers in the Packaging Department. The following information pertains to the Mixing Department for the month of November 2&0: Units (in Liters) Work in process, November 1 (100% complete materials, 75% labor and overhead) 10.000 Started during November 50000 Work in process, November 30 (100% complete materials. 50% labor and overhead) 8.000 The costs in work in process on November 1, in the Mixing Department were as follows: Mixing Demn'tent tin m1 Work in process. November 1: Materials 15.000 Direct labor 20,000 Manufacturing overhead 17,600 Total costs 52.600 The costs added by the Mixing Department during the month of November were as follows: Mixing Demurent [in E1 Materials 90.000 Direct labor 120,000 Manufacturing overhead 100,000 Total costs added m (Round unit costs to two decimal places) BKAM201'3 MANAGEMENT ACCOUNTING I REQUIRED: (a) (b) (C) (d) (e) (0 Prepare a physical ow schedule for the Mixing Department for November 2020. Show all workings. (3 Marks) Determine the equivalent units of production for materials and conversion for the Mixing Department for November 2020. Show all workings. (3 Marks) Determine the total cost per equivalent unit of production for materials and conversion for the Mixing Department for November 2020. Show all workings. (5 Marks) Determine the cost of goods transferred out and the cost of ending work inprocess for the Mixing Department. Show all workings. (3 Marks) In line with the current lean manufacturing practices. BASB plans to adopt Just-inTime (HT) approach to its inventory system Discuss how the adoption of this approach will affect the BASB's process costing method. (3 Due to COVID- l9 pandemic which hit Malaysia since late January 2020, the inat of this country has increased. Accordingly, the nancial accounting reports fort ended 31 December 2020 of BASB have never seemed to match the actual results company. Management has studied the problem and it appeared that the begi inventories may be the cause of the unmatched information. The reason for this is that the