Question: Solve part (iv) and (v) QUESTION 2 (CHAPTER 3) A. Umar and Osman manufacture and sell energy drinks. The drinks are sold for RM9.10 a

 Solve part (iv) and (v) QUESTION 2 (CHAPTER 3) A. Umar

Solve part (iv) and (v)

QUESTION 2 (CHAPTER 3) A. Umar and Osman manufacture and sell energy drinks. The drinks are sold for RM9.10 a bottle to the distributor. The data below is related to the product of energy drinks in 2021 Units production Direct materials Bottles Direct labour cost Manufacturing factory rental Manufacturing factory utilities Management salaries Administrative expenses Delivery costs Factory Supervisors Salaries Salesman salary Depreciation factory equipment Advertising expense Total 150,000 RM 55,500 18,000 24,000 6,700 28,600 21,000 29,000 5,300 8,000 22,100 3,600 1,000 222,800 120,000 RM 44,400 14,400 19,200 6,700 23,200 21,000 29,000 4,700 8,000 17,900 3,600 1,000 193,100 REQUIRED: 1) Identify the cost behavior for each item cost. (CLO3, C3) i) Calculate the variable cost per unit and the fixed cost for each mixed cost. (CLO3, C3) ii) Determine the cost of direct material and salesman salary if the company produces *XX, XXX (80,000-90,000) bottles of drink. (CLO3, C3) iv) If production unit is *XXXXX (90,000 -110,000): (CLO3, C3) a) Calculate total product cost b) Calculate total period cost V Form cost function for: (CLO3, C3) a) Product cost b) Period cost *substitute the XXXXXX with your own amount according to the range given QUESTION 2 (CHAPTER 3) A. Umar and Osman manufacture and sell energy drinks. The drinks are sold for RM9.10 a bottle to the distributor. The data below is related to the product of energy drinks in 2021 Units production Direct materials Bottles Direct labour cost Manufacturing factory rental Manufacturing factory utilities Management salaries Administrative expenses Delivery costs Factory Supervisors Salaries Salesman salary Depreciation factory equipment Advertising expense Total 150,000 RM 55,500 18,000 24,000 6,700 28,600 21,000 29,000 5,300 8,000 22,100 3,600 1,000 222,800 120,000 RM 44,400 14,400 19,200 6,700 23,200 21,000 29,000 4,700 8,000 17,900 3,600 1,000 193,100 REQUIRED: 1) Identify the cost behavior for each item cost. (CLO3, C3) i) Calculate the variable cost per unit and the fixed cost for each mixed cost. (CLO3, C3) ii) Determine the cost of direct material and salesman salary if the company produces *XX, XXX (80,000-90,000) bottles of drink. (CLO3, C3) iv) If production unit is *XXXXX (90,000 -110,000): (CLO3, C3) a) Calculate total product cost b) Calculate total period cost V Form cost function for: (CLO3, C3) a) Product cost b) Period cost *substitute the XXXXXX with your own amount according to the range given

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!