Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Solve part (iv) and (v) QUESTION 2 (CHAPTER 3) A. Umar and Osman manufacture and sell energy drinks. The drinks are sold for RM9.10 a

image text in transcribed

Solve part (iv) and (v)

QUESTION 2 (CHAPTER 3) A. Umar and Osman manufacture and sell energy drinks. The drinks are sold for RM9.10 a bottle to the distributor. The data below is related to the product of energy drinks in 2021 Units production Direct materials Bottles Direct labour cost Manufacturing factory rental Manufacturing factory utilities Management salaries Administrative expenses Delivery costs Factory Supervisors Salaries Salesman salary Depreciation factory equipment Advertising expense Total 150,000 RM 55,500 18,000 24,000 6,700 28,600 21,000 29,000 5,300 8,000 22,100 3,600 1,000 222,800 120,000 RM 44,400 14,400 19,200 6,700 23,200 21,000 29,000 4,700 8,000 17,900 3,600 1,000 193,100 REQUIRED: 1) Identify the cost behavior for each item cost. (CLO3, C3) i) Calculate the variable cost per unit and the fixed cost for each mixed cost. (CLO3, C3) ii) Determine the cost of direct material and salesman salary if the company produces *XX, XXX (80,000-90,000) bottles of drink. (CLO3, C3) iv) If production unit is *XXXXX (90,000 -110,000): (CLO3, C3) a) Calculate total product cost b) Calculate total period cost V Form cost function for: (CLO3, C3) a) Product cost b) Period cost *substitute the XXXXXX with your own amount according to the range given QUESTION 2 (CHAPTER 3) A. Umar and Osman manufacture and sell energy drinks. The drinks are sold for RM9.10 a bottle to the distributor. The data below is related to the product of energy drinks in 2021 Units production Direct materials Bottles Direct labour cost Manufacturing factory rental Manufacturing factory utilities Management salaries Administrative expenses Delivery costs Factory Supervisors Salaries Salesman salary Depreciation factory equipment Advertising expense Total 150,000 RM 55,500 18,000 24,000 6,700 28,600 21,000 29,000 5,300 8,000 22,100 3,600 1,000 222,800 120,000 RM 44,400 14,400 19,200 6,700 23,200 21,000 29,000 4,700 8,000 17,900 3,600 1,000 193,100 REQUIRED: 1) Identify the cost behavior for each item cost. (CLO3, C3) i) Calculate the variable cost per unit and the fixed cost for each mixed cost. (CLO3, C3) ii) Determine the cost of direct material and salesman salary if the company produces *XX, XXX (80,000-90,000) bottles of drink. (CLO3, C3) iv) If production unit is *XXXXX (90,000 -110,000): (CLO3, C3) a) Calculate total product cost b) Calculate total period cost V Form cost function for: (CLO3, C3) a) Product cost b) Period cost *substitute the XXXXXX with your own amount according to the range given

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

Investment Grade Energy Audit Making Smart Energy Choices

Authors: Shirley J. Hansen, James W. Brown

1st Edition

0824709284, 978-0824709280

More Books

Students also viewed these Accounting questions

Question

please solve this question

Answered: 1 week ago

Question

1. Are my sources credible?

Answered: 1 week ago

Question

3. Are my sources accurate?

Answered: 1 week ago

Question

1. Is it a topic you are interested in and know something about?

Answered: 1 week ago