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PLEASE ANSWER PROPERLY AND ELABORATELY You have been appointed as a Junior Management Accountant at Kopi Kampung Sdn Bhd which is the exclusive wholesale distributor

PLEASE ANSWER PROPERLY AND ELABORATELY
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You have been appointed as a Junior Management Accountant at Kopi Kampung Sdn Bhd which is the exclusive wholesale distributor of the "Golden Roast Coffee" manufactured in one of the industrial areas in Malacca. The process of producing the "Golden Roast Coffee should pass through two process which are Mixing and Cooking. The data for the processing the "Golden Roast Coffee" as follows: Mixing Process Cooking Process 2,000 kg at RM 6 per kg 3,000 kg at RM 5 per kg. Material RM 240 Labour RM 160 RM 360 RM 240 80% 90% General overheads Normal output Scrap value Actual outputs RM 4.00 RM 4.00 2,300 kg 4,000 kg The coffee is sold in Individual packets of 300 grams at RM 6.00 each. In developing the company's financial strategy for the year 2022, the company's president has accumulated all data on projected operation as follows: 300,000 packets per annum Expected sales volume Variable costs: Cost of coffee Cost of labour Selling and distribution Administrative expenses Other variable expenses RM 2,00 per packet RM 1.00 per packet RM 0.50 per packet RM 150,000 per annum RM 90,000 per annum 10% of the administrative expenses are variable costs and the remaining are fixed cost whereby 60% of the other overhead expenses are fixed costs and the remaining are variable costs. (e) Determine the variable cost per packet and the total fixed costs for the company, Show all workings (4 marks) (6) Calculate the following: 1. Break-even point in packets and sales value Total net profit for the year ill. Contribution per sales ratio (6 marks) (9) It is estimated that the cost of coffee will increase by 5% and the total fixed costs is expected to increase by RM 20,000. What would be the new selling price if the company wants to maintain the original net profit? Assume other data remain the same

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