Question $1($CLO $2)$

A$.$ Fill in the missing amount in each of the following accounting equations.

Assets RM Liabilities RM Expenses RM Capital RM Revenue RM

$169,500($i$)44,500160,00034,000$

$($ii$)32,0006,30088,00054,500$

$222,00022,20032,000($iii$)66,600$

$17,90013,200($iv$)12,75014,200$

$320,50017,20026,600226,200$

$(5$ marks$)$

B$.$ Copper Sdn Bhd $($CSB$)$ produces small electric engines.

Required:

Identify the following costs as direct materials $($DM$),$ direct labor $($DL$),$ manufacturing overhead $($MOH$),$ or period cost $($PC$).$

Descriptions Types of cost

Salaries of mechanic

Salaries for the account department staff

Engine casing for new items

The power supply of the factory

Depreciation of the machine