Hentian Sdn Bhd is a manufacturing company that manufactures and supplies circuit boards to electronic companies....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Hentian Sdn Bhd is a manufacturing company that manufactures and supplies circuit boards to electronic companies. The following is information about Hentian Sdn Bhd for the current year's operations ended 30 November 2020: Raw material inventory, 1/12/2019 Raw materials inventory, 11/30/2020 Raw materials Direct labour Indirect labour Shopping shrinks in value - official equipment Shopping shrinks in value - factory equipment Utility expenses (70% are factory-related) Rental expenditure (80% is for refineries) Administrative staff salary expenses Shopping shrinks in value sales commissionexpenses- official equipment Advertising spending Maintenance and repair expenses of factory facilities Work in progress, 1/12/2019 Work in progress, 11/30/2020 Inventory of ready goods, 1/12/2019 Inventory of ready goods, 11/30/2020 REQUIRED TO: RM 25,500 31,000 190,000 144,000 38,610 5,300 17,000 11,300 30,000 65,000 38,000 47,000 34,500 6,120 9,200 43,370 47,250 During the year, Hentian Sdn Bhd produced 17,000 units of circuit boards. Hentian Sdn Bhd's accounting records show that there were 1,220 units of completed goods at the beginning of the current period. At the end of the year there were 2,075 units that were not sold. Prepare income statement for Hentian Sdn Bhd for the year ended 30 November 2020 assuming the sale price is RM45 per unit. Briefly explain how management accounting assists management in planning and controlling. Pharma Business Bhd manufactures popular vitamin pills sold throughout Malaysia. The company sells on average 600,000 bottles of vitamin pills per year. Here is the financial information related to the vitamin pills: (a) (b) (c) Selling price of each bottle Cost changes per bottle Fixed cost: (d) Salary Rent of building Advertisement Shrink the value of the REQUIRED TO: equipment Others RM 1.00 0.30 50,000 32,000 100,000 32,000 66,000 What is the return point of capital vitamin pills (in bottles), and the percentage of margin of safety for the company? How many bottles of vitamin pills should the company sell for a profit of RM28,000? The vice president of marketing believes that the rm10,000 increase in advertising spending will result in a 10% increase in the number of vitamin pill bottles sold. Would you suggest adding to that advertising spend? Prove your answer. Refers to the original information. The Company is considering changes in the production process, which will reduce the variable cost per bottle by RM0.05, and will add a fixed cost of RM20,000. At the sales level of 600,000 bottles of vitamin pills, would you suggest such changes? Prove your answer. Hentian Sdn Bhd is a manufacturing company that manufactures and supplies circuit boards to electronic companies. The following is information about Hentian Sdn Bhd for the current year's operations ended 30 November 2020: Raw material inventory, 1/12/2019 Raw materials inventory, 11/30/2020 Raw materials Direct labour Indirect labour Shopping shrinks in value - official equipment Shopping shrinks in value - factory equipment Utility expenses (70% are factory-related) Rental expenditure (80% is for refineries) Administrative staff salary expenses Shopping shrinks in value sales commissionexpenses- official equipment Advertising spending Maintenance and repair expenses of factory facilities Work in progress, 1/12/2019 Work in progress, 11/30/2020 Inventory of ready goods, 1/12/2019 Inventory of ready goods, 11/30/2020 REQUIRED TO: RM 25,500 31,000 190,000 144,000 38,610 5,300 17,000 11,300 30,000 65,000 38,000 47,000 34,500 6,120 9,200 43,370 47,250 During the year, Hentian Sdn Bhd produced 17,000 units of circuit boards. Hentian Sdn Bhd's accounting records show that there were 1,220 units of completed goods at the beginning of the current period. At the end of the year there were 2,075 units that were not sold. Prepare income statement for Hentian Sdn Bhd for the year ended 30 November 2020 assuming the sale price is RM45 per unit. Briefly explain how management accounting assists management in planning and controlling. Pharma Business Bhd manufactures popular vitamin pills sold throughout Malaysia. The company sells on average 600,000 bottles of vitamin pills per year. Here is the financial information related to the vitamin pills: (a) (b) (c) Selling price of each bottle Cost changes per bottle Fixed cost: (d) Salary Rent of building Advertisement Shrink the value of the REQUIRED TO: equipment Others RM 1.00 0.30 50,000 32,000 100,000 32,000 66,000 What is the return point of capital vitamin pills (in bottles), and the percentage of margin of safety for the company? How many bottles of vitamin pills should the company sell for a profit of RM28,000? The vice president of marketing believes that the rm10,000 increase in advertising spending will result in a 10% increase in the number of vitamin pill bottles sold. Would you suggest adding to that advertising spend? Prove your answer. Refers to the original information. The Company is considering changes in the production process, which will reduce the variable cost per bottle by RM0.05, and will add a fixed cost of RM20,000. At the sales level of 600,000 bottles of vitamin pills, would you suggest such changes? Prove your answer.
Expert Answer:
Answer rating: 100% (QA)
Heres the income statement for Hentian Sdn Bhd for the year ended 30 November 2020 based on the provided information Hentian Sdn Bhd Income Statement For the Year Ended 30 November 2020 Revenue Sales ... View the full answer
Related Book For
Accounting for Decision Making and Control
ISBN: 978-0078025747
8th edition
Authors: Jerold Zimmerman
Posted Date:
Students also viewed these accounting questions
-
Your GST bill has arrived. You need to pay GST on $153,890. How much do you need to pay in GST? Explain.
-
Altec Manufacturing Inc. is a company that manufactures and sells a single product, which they call an Altec. For planning and control purposes they utilize a monthly master budget, which is usually...
-
List the fish and invertebrates you selected after the nitrogen cycling process?
-
If a projectile is fired due east from a point on the surface of Earth at a northern latitude λ with a velocity of magnitude V0 and at an angle of inclination to the horizontal of a, show that...
-
1. What could be added to each expression to make it a perfect square? a.+12x b. x-6x+1 c.+ 14x-10 2. Solve the equation x - 16x=-60 by completing the square. Show your reasoning.
-
A semiconductor product consists of three layers. Suppose that the variances in thickness of the first, second, and third layers are 25,40 , and 30 square nanometers, respectively, and the layer...
-
1. What are the three most important trends cited in this case? Explain your answer. 2. To date, what are the three most accurate predictions cited in the case? Explain your answer. 3. To date, what...
-
Image transcription text 156 197 E 122 196 1. ROW DHCRAN REPRESENTS ONE () POWER 124 125 116 CTC'S. TWO (2) MRSC'S. AND ONE (1) STC. 150 137 OPERATION NOT SHOW . TO DUCT BURNER (121 189 UP DRUM...
-
On January 30 of the current year, Ashton Corporation purchased from Cathy 10% of Todd Corporation stock for $250,000 in cash. On May 30 of the following year, Andrea and Bill each exchange one-half...
-
Write the first five terms of the sequences defined by the formulas. 5-j aj = 5+j, for all integers j> 1
-
Define contract.
-
Heesham Broussard obtained counterfeit money instruments. To distribute them, he used account information and numbers on compromised FedEx accounts procured from hackers. Text messages from Broussard...
-
State the two questions that determine whether a defendants act caused a plaintiffs injury.
-
Donavan Davis and several associates launched Capital Blu Management to trade in the foreign currency marketplace (often called Forex). Over the course of several days, Capital Blu engaged in a...
-
AgriCorp grows crops on farmland in three states. AgriCorp sells its harvests through USA Distributors, Inc., to Variety Mart and other national grocery chains. Small Potato Farm grows a limited crop...
-
AIM 3.1: Write java Program for single level inheritance
-
The Dow Jones Industrial Average reached a high of $ 7801.63 on December 29, 1997. Recall from Example 18.4 that it reached a high of $ 1003 on November 14, 1972. The Consumer Price Index for...
-
An investment project involves the purchase of equipment at a cost of $ 100 million. For tax pur-poses, the equipment has a life of five years and will be depreciated on a straight- line basis....
-
Tariffs Inc. manufactures two product lines in the same plant: AllDomestic and SomeDomestic. Both product lines are sold in Tariff Inc. s home country. AllDomestic is produced entirely from parts...
-
City Hospital is a city government- owned and operated hospital providing basic health care to low-income people. Most of the hospitals revenues are from federal, state, county, and city governments....
-
Problem Decide whether the sampling method is independent or dependent. Then determine whether the response variable is qualitative or quantitative. (a) Joliet Junior College decided to implement a...
-
Using the data from Table 2, construct a \(95 \%\) confidence interval estimate of the mean difference, \(\mu_{d}\). By Hand Approach Step 1 Compute the differenced data. Because the sample size is...
-
In the Spacelab Life Sciences 2 payload, 14 male rats were sent to space. Upon their return, the red blood cell mass (in milliliters) of the rats was determined. A control group of 14 male rats was...
Study smarter with the SolutionInn App