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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
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)
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