Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Please help me to do this calculations.. Thank you STRUCTURED QUESTIONS [TOTAL = 50 MARKS] Answer ALL questions. QUESTION 1 (30 MARKS) City Computer Bhd

Please help me to do this calculations.. Thank you

image text in transcribed
STRUCTURED QUESTIONS [TOTAL = 50 MARKS] Answer ALL questions. QUESTION 1 (30 MARKS) City Computer Bhd produces two products namely, Thumb Drive and Mouse. Planned sales for the year 2017 are as details given below: Product Units Unit selling price Thumb Drive 25,000 RM15 Mouse 40,000 RM20 Both the products use two types of direct materials, namely DMX and DMY: DMX costing RM0.40 per litre. DMY costing RM0.50 per litre. Direct materials usages per unit are: Product DMX DMY Thumb 2 litres per unit 4 litres per unit Drive Mouse 3 litres per unit 4 litres per unit Stocks are estimated to be: Finished units Direct materials (litres) Year 2017 Thumb Mouse DMX DMY Drive Opening 2,000 3,600 12,000 20,000 Closing 2,200 3,000 15,500 22,500 Page 2 of 3 CITY UNIVERSITY Date : 09 July 2021 Course :BBCA2053 Management Accounting REQUIRED: (a) Prepare the Sales Budget for Thumb Drive and Mouse and in total (RM). (7 marks) (b) Prepare the Production Budget in quantities for Thumb Drive and Mouse. (8 marks) (c) Prepare the Direct Materials Usage Budget for DMX and DMY in litres only. (7 marks) (d) Prepare the Purchases Budget for direct materials in litres and total value for DMX and DMY. (8 marks) QUESTION 2 (20 MARKS) Discuss FIVE (5) differences between financial accounting and management accounting. (20 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Health Care Management

Authors: Sharon B. Buchbinder, Nancy H. Shanks

3rd Edition

9781284081015

Students also viewed these Accounting questions