Question 2 Vignesh is the accountant in Muthu Curry Sdn.Bhd where the manufacturing operation is made...
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Question 2 Vignesh is the accountant in Muthu Curry Sdn.Bhd where the manufacturing operation is made up of three production departments and two service departments. The Mixing and Blending departments are highly automated while the Packaging Department is highly dependent on labour. The overheads budgeted for the company are tabulated below: Production Departments RM Allocated Overheads: Salaries Consumables Transport Service Departments RM Mixing Blending Packaging Repairs R&D Mixing Blending Packaging Repairs R&D Total 20,000 10,000 30,000 20,000 30,000 10,000 5,000 10,000 6,000 4,000 5,000 5,000 In addition, the following overheads are budgeted but all departments consume them and have to be apportioned using suitable basis from the information provided: Rental RM 160,000 Insurance of Assets Canteen Subsidy NBV of Assets Floor Area (Sq Meter) 80,000 1,500,000 50,000 30,000 300,000 20,000 20,000 200,000 200,000 2,500,000 5.000 500,000 RM 100,000 RM 40,000 Head Machine Direct Labour Hours Count Hours 180 120 4,000 6.000 50 10 40 400 3,000 2,000 1,000 6,000 1.000 1,000 12,000 14,000 Question 2 Vignesh is the accountant in Muthu Curry Sdn.Bhd where the manufacturing operation is made up of three production departments and two service departments. The Mixing and Blending departments are highly automated while the Packaging Department is highly dependent on labour. The overheads budgeted for the company are tabulated below: Production Departments RM Allocated Overheads: Salaries Consumables Transport Service Departments RM Mixing Blending Packaging Repairs R&D Mixing Blending Packaging Repairs R&D Total 20,000 10,000 30,000 20,000 30,000 10,000 5,000 10,000 6,000 4,000 5,000 5,000 In addition, the following overheads are budgeted but all departments consume them and have to be apportioned using suitable basis from the information provided: Rental RM 160,000 Insurance of Assets Canteen Subsidy NBV of Assets Floor Area (Sq Meter) 80,000 1,500,000 50,000 30,000 300,000 20,000 20,000 200,000 200,000 2,500,000 5.000 500,000 RM 100,000 RM 40,000 Head Machine Direct Labour Hours Count Hours 180 120 4,000 6.000 50 10 40 400 3,000 2,000 1,000 6,000 1.000 1,000 12,000 14,000
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