Question 2 (a) Mumi Fumiture and produces a type of office fumiture known as MISL, with the full capacity of 6,000 units of MISL Production data for 2017 is as follows: Costs Direct Labour Advertising Factory supervision RM 113,280 48,000 38,400 Sales commission 48,000 Factory insurance 2,500 Depreciation of office equipment 3,800 Factory equipment rental 20,000 Direct materials 90,240 ndirect materials 15,700 Depreciation of factory building 9,600 Office maintenance 4300 Office staff salary 51,000 Utilities (factory 60%,office 40%) 19,200 Calculate the wages for each employee. (c)Colton Sdn Bhd is a small manufacturing company. Colton is planning to split its current finance department into two departments financial accounting department and management accounting department. You have been appointed to head the management accounting department As your first task your Chief Financial Officer (CFO) has asked you present to the board explaining the difference between the financial accounting and management accounting Required: Discuss the differences between the financial accounting and management accounting in ANY THREE (3) aspects. (9 marks) Required: Compute the following costs: (1) Prime cost (ii) Factory overhead cost (iii)Conversion cost marks) (2 marks) (6 marks) (2 (b) Yee Sdn Bhd pays its production workers a differential piece rate. The rate is as follows: Upto 100 unit sperweck 101 to 1.50 per week 151 to 200 units per week Above 200units per week RM2.00 RM2.10 RM2.25 RM2.50 In a typical week, Employee A completes 120 units, Employee B completes 155 units and Employee C completes 100 units. Required: |- (6 marks)