Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1 (7 marks) SHOW YOUR WORKINGS FOR EACH SECTION 3) Give three examples of non-financial information that could be useful for the managers of

image text in transcribed
Question 1 (7 marks) SHOW YOUR WORKINGS FOR EACH SECTION 3) Give three examples of non-financial information that could be useful for the managers of Sydney Trains in minimising train delays on the rail network in the next six months. (3 marks) ANSWER a): ** Answer box will enlarge as you type b) Explain the effect of a decrease in the level of activity (cost driver) on: (i) total xed cost (ii) variable cost per unit of activity. (2 marks) ANSWER b): 0) Refer to the following data: Direct material used $160 000 Marketing costs $ 5 000 Indirect labour $ 6 000 Depreciation on factory equipment $ 50 000 Wages of assembly line workers $ 30 000 Factory cleaners wages $ 25 000 Depreciation of computers used in a sales department $20 000 Oil consumed by sewing machines $ 5 000 Required: Determine each of the following costs: (list the costs under each cost category when calculating the answer). i) Product costs (1.5 marks) ii) Period costs (0.5 mark) ANSWER c)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Modern Advanced Accounting In Canada

Authors: Hilton Murray, Herauf Darrell

9th Edition

1259654699, 978-1259654695

More Books

Students also viewed these Accounting questions

Question

8. What values do you want others to associate you with?

Answered: 1 week ago