Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following cost information was incurred by Restaurant Minangkabau located in Seremban for the month of April 2016. The restaurant has three sections, namely Foods

image text in transcribed

The following cost information was incurred by Restaurant Minangkabau located in Seremban for the month of April 2016. The restaurant has three sections, namely Foods and Beverage, Customer Service and Administration. A restaurant is a part of a service industry, Rice Flour and eggs Milk and sugar Spices and cooking oil Wages of Chef Wages of kitchen helpers Wages of cashier Wages of waiters and waitresses Wages of cleaners Costs of cooking gas Salary of restaurant manager Depreciation of building (kitchen) Depreciation of lorry RM 5,500 2.800 2.200 1,800 4,000 1,800 1,200 3,500 1,500 500 5,000 7,500 1,500 MANAGERIAL AND COST ACCOUNTING CONFIDENTIAL Wage of lorry driver Depreciation of Kitchen equipment Salary of female account clerk Other administrative expenses Depreciation of office equipment Advertisement 1,000 5,000 1.000 2,000 1,000 500 Required to calculate the following costs: Total materials and labour costs of the Foods and Beverage (4 marks) costs of the Foods and Total production overhead Beverage (2 marks) Total fixed costs (12 marks) Total variable costs (7 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions