QUES A , B , C AND D

WPS Office File Edit View Insert Format Tools Tables Workspace Window Help x 0 7 Q Tue 28 Sep 1:35 PM . . . Home W Topic 3 Acco..costing.docx . W TEST 2 (MA)- DBS19022 g . W MA Test2 Sept2021.docx Q X + = Menu BAD GQ e - Home Insert Page Layout References Mailings Review View Section Tools L Cut Arial 12 AaBbC Q Paste . Copy Format List Pa... = New Style Find and Select Settings Replace BAC417 Management Accounting Test 2 20% 11 months has passed and Jane has the following balances for December 2020. Do this test on Words but save this file as a PDF Manufacturing overhead control RM12,800 Cr Raw material inventory 8,700 Start time 1.30pm WIP 11,890 End time 2.30 pm Finished goods 5,000 Submit by 2.45pm via Moodle Save file as DBS12345 MA Test 2 Jane bought RM120,000 direct materials on credit. Transferred RM105,300 of raw material and RM625 of indirect materials to Question 1 WIP Jane Shaw owns a small business making and selling children's toys. The following RM20,000 worth of overhead were incurred in December. s Jane's budgeted indirect costs for the coming year. The business incurred 1,820 dih. The workers were paid RM36,400. A stock take done at end December placed RM22,000 worth on inventory in 98 RM the raw material inventory store. 45,500 cars were completed in December. Jane transferred these to finished Rent 36,000 goods at end of the month. Indirect salaries 60,000 Required: Indirect materials 800 Depreciation - mach 24,000 Calculate the Predetermined Overhead Rate (POR). Electricity 120,000 Calculate the cost to make this new metal car. Prepare the journals to effect the above transactions Water 1,200 Prepare the journal to charge out the balance from the overhead control a/c. Assessment, Quit rent 3,000 Insurance 16,000 (20 marks) 261,000 Jane budgeted 21,750 direct labour hours (dlh, the cost driver) for the coming year. Her costing shows that metal toy car will require direct materials costing RM2.35. Direct labour will cost a minimal RM0.80 a car. Each toy car will require 0.04 dih to make. Jane's workers worked 1,820 hours during December. Jane paid them RM36,400. Page Num: 2 Page: 2/2 Section: 1/1 Row: 24 Column: 2 Words: 261 [ Spell Check . Local backup on -O + 87 % SEP 1 28 "tv 4