Question: Please help me find out the answers Phase Test 3 Dated: 22 June 2021 The following cost information of Sino lban Bhd for the months

Please help me find out the answers

Phase Test 3 Dated: 22 June 2021 The following cost information of Sino lban Bhd for the months ended 31\"l January and 28''1 Feb 2017 are as follows: January February Sales (units) 40.000 45,000 RM RM Sales revenue 2.000.000 2,250,000 Less Total Cost Direct materials 400.000 450,000 Indirect materials 120,000 120,000 Direct labour 480.000 540.000 Indirect labour 25.000 25,000 Rent 15.000 15,000 Depreciation 12.000 12,000 Inspection costs 9.000 9,000 Electricity 80.000 90,000 Supervisors' salaries 13 000 14,009 1 154 000 1,275,000 ProtiLoss 846.000 1,050,000 (a) Explain THREE (3) differences between fixed and flexible budget. (3 marks) (b) Prepare a budget in the same format for the month ended 31St March 2016 assuming that the factory will manufacture and sell 50,000 units during the month. (7 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Phase Test 3 Dated: 22 June 2021 The following cost information of Sino Iban Bhd for the months ended 31 January and 28th Feb 2017 are as follows: January February Sales (units) 40.000 45.000 RM RM...

Please help me find the correct answers for what I got wrong and show work. Thank you. Note: This problem is for the 2021 tax year. Alice J. and Bruce M. Byrd are married taxpayers who file a joint...

Hello, Could you please help me find the correct answers on these so i can refer back to them later? Thanks! 18 Name: Date: 1. Genius Professor Mullen Co. is using the Target Cost approach on a new...

1. In 2013, several data server companies took a dramatic decision to begin using energy surcharges to recapture rising energy costs. However, customers are critical of how the energy surcharges are...

Annual Report Cases CP13-1 Computing Ratios LO13-4, 13-5,13-6,13-7 Refer to the financial statements and footnotes of American Eagle Outfitters given in Appendix B at the end of this book. Compute...

can this please be filled out and see if there is mistakes. in need of help and how to get answers for all the ones blank July 2021 Transactions Date Description of the Transaction July 1 Borrow...

Part 1: 1. What was Target's net income for the year ended January 30, 2016? 2. Did Target's net income increase or decrease from FYE 1/30/15 to FYE 1/30/16, and by how much 3. What was Target's...

I need to create an executive level report on the internal management of Belk. Inc. My assignment is that I am looking to acquire Belk, What information and analysis do I need to have in this report?...

Please help with assignment 2 MAC2601. assignment attched MAC2601/103/1/2016 Tutorial letter 103/1/2016 Principles of Management Accounting MAC2601 Semester 1 Department of Management Accounting...

Refer to exercise 14.26. (a) Plot the dollar/pound exchange rate data. Make the graph nice, then copy and paste it so you have four copies. (b) Use MegaStat or MINITAB to perform a simple exponential...

Give the proper name for each molecule. a. PF3 b. TeCl2 c. N2O3

What would be easier to estimate, fixed costs or variable costs?

Debt versus Equity offering Size in the aggregate, debt offerings are much more common than equity offerings and typically much larger as well. Why?

A small rock moves in water, and the force exerted on it by the water is given by Eq. (5.7). The terminal speed of the rock is measured and found to be 2.0 m/s. The rock is projected upward at an...

Conlin Corporation had the following tax information. In 2011 Conlin suffered a net operating loss of $480,000, which it elected to carry back. The 2011 enacted tax rate is 29%. Prepare Conlin's...

The book basis of depreciable assets for Erwin Co. is $900,000, and the tax basis is $700,000 at the end of 2011. The enacted tax rate is 34% for all periods. Determine the amount of deferred taxes...

What is the difference between a future taxable amount and a future deductible amount? When is it appropriate to record a valuation account for a deferred tax asset?

You are a consultant for an organization running Exchange 2 0 1 3 that wants to upgrade its version of Exchange. What is your recommendation? Group of answer choices Exchange 2 0 1 9 Exchange 2 0 2 2...

12. Think of a situation where you felt particularly powerless. It must be a real event that you remember relatively well. Try to think back. What was it you imagined just before you felt powerless...

13. Try to imagine how you would feel if you had tackled the problem, the con-flict, the challenge, etc., that made you powerless in task 12, for example upstairs, confident, confident, calm,...

15. Ask yourself the following questions: What do you want to remember from your everyday experiences? These are the experiences that fill most of your life. They may take 9099% of your time. What do...