management accounting

QUESTION 3 (15 Marks) The following information relates to Oppa Trading for the year ended 31 December 2019: Cost Total Fabrication Finishing Canteen Maintenance RM RM RM RM RM Indirect labour 340,000 120,000 140,000 30,000 50,000 Indirect material 82,000 24,000 32,000 20,000 6,000 Heating & lighting 24,000 Rent and rates 36,000 Depreciation 60,000 Factory administration 48,000 and personnel Power 40,000 630,000 Finishing RM 24,000 Canteen RM 6,000 Maintenance RM 10,000 240,000 20,000 40,000 The following information is also available: Total Fabrication RM RM Floor space (sq. 60,000 20,000 metres) Book value of 600,000 300,000 machinery (RM) Number of employees 160 80 Kilowatt hours 20,000 9,000 Direct materials (RM) 100,000 Direct labour (RM) 50,000 Maintenance hours 8,000 Labour hours 12,640 Machine hours 10 1,000 10 2,000 60 8,000 50,000 42,000 6,000 8,400 15,700 The production process requires a range of materials and involves workers with differing hourly wage rates Required: Prepare a production overheads analysis and apportionment sheet, showing clearly the bases apportionment used. END OF QUESTIONS