The following balances were extracted from Superfuture Sdn Bhd (SSB) for the year ended 31 December...

 

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The following balances were extracted from Superfuture Sdn Bhd (SSB) for the year ended 31 December 2022. Purchases of raw materials Returns of raw materials Opening inventory of raw materials Closing inventory of raw materials Direct wages Electricity of factory Insurance of factory building Factory machinery Depreciation of factory machinery Supervisor's wages Royalties Factory cleaning expenses Carriage inwards of raw materials Office sundry expenses Machine lubricants Required: Calculate prime cost, production overhead and production cost. RM 110,000 1,000 11,000 10,000 80,000 4,200 750 250,000 5,000 22,000 3,300 1,500 500 890 340 The following balances were extracted from Superfuture Sdn Bhd (SSB) for the year ended 31 December 2022. Purchases of raw materials Returns of raw materials Opening inventory of raw materials Closing inventory of raw materials Direct wages Electricity of factory Insurance of factory building Factory machinery Depreciation of factory machinery Supervisor's wages Royalties Factory cleaning expenses Carriage inwards of raw materials Office sundry expenses Machine lubricants Required: Calculate prime cost, production overhead and production cost. RM 110,000 1,000 11,000 10,000 80,000 4,200 750 250,000 5,000 22,000 3,300 1,500 500 890 340

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