A. Fill in the blank by choosing the suitable answers stated below. Variable cost L iii....
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A. Fill in the blank by choosing the suitable answers stated below. Variable cost L iii. iv. Sunk cost ii. As an alternative to the old sewing machine, Beauty Dress Enterprise will rent a new high-technology sewing machine at the cost of RM3,000 per month. In analyzing the cost-behaviour, the rental of this new high-technology sewing machine is a V. vi. Mixed cost Beauty Dress Enterprise is considering selling an old sewing machine which has been purchased three years ago for RM14,000. In evaluating the decision to sell the sewing machine, the cost of RM14,000 is a The lubricant cost used for the sewing machine is different every month based on how frequently the sewing machine is being used. Therefore, the lubricant cost is considered as Fixed cost Beauty Dress Enterprise paid a monthly telephone rental cost plus the metered calls charges amounted to RM1,890 this month. The telephone rental plus the metered calls charges are considered as B. Identify whether the following items are direct or indirect expenses. i. Advertising expenses. ii. Direct material costs. iii. iv. Wages paid to the labours. Salary of the factory supervisor. Depreciation of machinery. Transportation and packing costs. C. Best Burger Restaurant sells one of the famous cheeseburgers in town named "Leleh Cheese Burger". The following costs were incurred during June: Bun, meat, and vegetables Cheese and sauces Wages paid to Danish, the chef Rental of the restaurant Advertising costs Depreciation of kitchen equipment Utility expenses Supervisor's salary, Encik Bahar Accounting fees RM 8,750 5,600 1,200 2,200 1,160 2,250 1,870 2,000 300 Required: Prepare a statement showing the total production costs for "Leleh Cheese Burger". A. Fill in the blank by choosing the suitable answers stated below. Variable cost L iii. iv. Sunk cost ii. As an alternative to the old sewing machine, Beauty Dress Enterprise will rent a new high-technology sewing machine at the cost of RM3,000 per month. In analyzing the cost-behaviour, the rental of this new high-technology sewing machine is a V. vi. Mixed cost Beauty Dress Enterprise is considering selling an old sewing machine which has been purchased three years ago for RM14,000. In evaluating the decision to sell the sewing machine, the cost of RM14,000 is a The lubricant cost used for the sewing machine is different every month based on how frequently the sewing machine is being used. Therefore, the lubricant cost is considered as Fixed cost Beauty Dress Enterprise paid a monthly telephone rental cost plus the metered calls charges amounted to RM1,890 this month. The telephone rental plus the metered calls charges are considered as B. Identify whether the following items are direct or indirect expenses. i. Advertising expenses. ii. Direct material costs. iii. iv. Wages paid to the labours. Salary of the factory supervisor. Depreciation of machinery. Transportation and packing costs. C. Best Burger Restaurant sells one of the famous cheeseburgers in town named "Leleh Cheese Burger". The following costs were incurred during June: Bun, meat, and vegetables Cheese and sauces Wages paid to Danish, the chef Rental of the restaurant Advertising costs Depreciation of kitchen equipment Utility expenses Supervisor's salary, Encik Bahar Accounting fees RM 8,750 5,600 1,200 2,200 1,160 2,250 1,870 2,000 300 Required: Prepare a statement showing the total production costs for "Leleh Cheese Burger".
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Related Book For
Core concepts of accounting information systems
ISBN: 9780470507025
11th Edition
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
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