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Question 4 [40 Marks] From the information given below, calculate the prime cost, production overhead costs and total production costs per month. Details work
Question 4 [40 Marks] From the information given below, calculate the prime cost, production overhead costs and total production costs per month. Details work 1. Production manager's salary 2. Wages of employees (60% is direct labour) 3. Production royalties: RM3 per unit 4. Transport costs on raw materials purchased 5. Rental of computer system for production control 6. Depreciation: Plant and Machinery 7. Bank Interest on financing 8. Salesmen's salaries and commission 9. Travelling expenses 10. Other factory indirect expenses 11. Salary of store clerks RM 3,000 10,000 3,000 1,000 10,000 15,000 1,000 10,000 2,000 10,000 5,000
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
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