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Question 1: Give three examples of non-financial information that could be useful for the managers of Sydney Trains in minimising train delays on the rail
Question 1:
- 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.
- Explain the effect of a decrease in the level of activity (cost driver) on:
(i) total fixed cost
(ii) variable cost per unit of activity.
- 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
ii) Period costs
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