Subject: MANAGERIAL ACCOUNTING

Question 2 ABC Company uses the cost formula Y = $8,000 + Bhd 0.68x for the maintenance cost in Department B, where x is machine-hours. The January budget is based on 28,000 hours of planned machine time. The Maintenance Manager presented the maintenance budget of Bhd 32,000. What is your opinion about the said budget? Is the budget correct or not? (2 marks for the correct answer and 3 marks for the solution = 5 Marks) Question 3 3- ABC Corporation reported the following data for the month of January: -Inventoriese Raw materials Work in Processe Finished Goods Beginninge 83,000- 36,000- 13,000- Endinge 45,000 20,000 34,000- le 2 IP Raw Materials Purchases 7,000- Direct Labor Costs 20,3502 Manufacturing Overhead- 16,809 Required: Prepare Cost of Goods Manufactured Statement- P Marking Scheme: Direct Materials Computation Total Manufacturing Costs Computation Cost of Goods Manufactured Computation Write your answer in an A4 along with this template. 3 marks 3 marks 2 marks Refer to their respective questions