Sud Boyue limited produces the products using a two-stage production system. The following cost has been collected by the cost accountant for the month ending June 2018 Product X Z GHO GHE GHC Direct Material 300 100 Direct bow 900 1.250 1.040 200 300 The following cost was incurreret-the various stages of production Process Stages Stages 2 GHC GH Production set up 500 600 Analysis of the Various Ordering 400 activities Quailty control 300 the 100 revealed following Material handling 800 400 Machining cost 200 150 Ordering cost 100 250 Total 2.300 1.800 Product X Number of setup 10 15 30 Number of order received 5 15 30 Number of inspections 4 6 TO Number of ander laced 20 30 20 Number of requisition 40 S 10 Machine operating hours 700 80 120 Number of units produced 300 400 600 Question 2 Mrs Kentinka runs a metal bending shop at Kasoa. She has no accounting knowledge and keeps no accounting records but was able to provide you with the following information regarding her assets and liabilities at the beginning and end of the period ending 31 December 2020. 01/01/2020 31/12/2020 Premises 12,000 12,000 Fixtures and fittings 2,300 2,500 Tools 500 Inventory 1,250 1,080 Debtors 1,420 970 Cash 350 1,200 Creditors 630 1,550 Loan 500 1,000 620 During the period, Mrs Kentinka received an amount of GHC 2,000 from her trade union susu which she immediately invested into the business. She also depends on the proceeds of the business for her livelihood, and as such she draws about GHC 450 from the business every month for her personal use. You are required to determine the profit or loss of Mrs Kentinka for the year ended 31 December 2020 Sud Boyue limited produces the products using a two-stage production system. The following cost has been collected by the cost accountant for the month ending June 2018 Product X Z GHO GHE GHC Direct Material 300 100 Direct bow 900 1.250 1.040 200 300 The following cost was incurreret-the various stages of production Process Stages Stages 2 GHC GH Production set up 500 600 Analysis of the Various Ordering 400 activities Quailty control 300 the 100 revealed following Material handling 800 400 Machining cost 200 150 Ordering cost 100 250 Total 2.300 1.800 Product X Number of setup 10 15 30 Number of order received 5 15 30 Number of inspections 4 6 TO Number of ander laced 20 30 20 Number of requisition 40 S 10 Machine operating hours 700 80 120 Number of units produced 300 400 600 Question 2 Mrs Kentinka runs a metal bending shop at Kasoa. She has no accounting knowledge and keeps no accounting records but was able to provide you with the following information regarding her assets and liabilities at the beginning and end of the period ending 31 December 2020. 01/01/2020 31/12/2020 Premises 12,000 12,000 Fixtures and fittings 2,300 2,500 Tools 500 Inventory 1,250 1,080 Debtors 1,420 970 Cash 350 1,200 Creditors 630 1,550 Loan 500 1,000 620 During the period, Mrs Kentinka received an amount of GHC 2,000 from her trade union susu which she immediately invested into the business. She also depends on the proceeds of the business for her livelihood, and as such she draws about GHC 450 from the business every month for her personal use. You are required to determine the profit or loss of Mrs Kentinka for the year ended 31 December 2020