Below are the costs for the month of April 2021 for Cemerlang Sdn, Bhd.
|Raw material used||20,000|
|Factory operators wages||20,000|
|Insurance for factory||2,000|
|Administration manager’s salaries||6,000|
|Carriage inwards for raw materials||1500|
|Salaries for delivery van’s driver||3,000|
|Indirect labour cost||13,000|
|Costing clerks’ salaries||3,000|
|Bought shelves for administration office||15,000|
- Apportion the cost of rental based on the following percentage: Production overhead 25%, Administration overhead 25%, Selling overhead 25% and Distribution overhead 25%.
- Utilities will be apportioned based on the following percentage: Production overhead 50%, Administration overhead 20%, Selling Overhead 10% and Distribution overhead 20%.
Prepare the operating statement for the Cemerlang Sdn. Bhd. [Total: 15 marks]
- Below are the costs and production volume of Aunty Annie Bakery Sdn. Bhd. during the months of April and May 2021.
|Depreciation – equipment||5,000||5,000||5,000|
- Analyse the costs according to their behaviour. [9 marks]
- Predict the costs for the month of June when 50,000 units will be produced.
[Total: 15 marks]
The following information are the information for Sapphire Enterprise.
|Delivery period||2 to 4 weeks|
|Maximum consumption||400 units|
|Minimum consumption||120 units|
|Units required per annum||20,000|
|Annual cost of carrying a unit in stock||RM5|
You are required to calculate for each component:
- Economic order quantity [2 marks]
- Reorder level [2 marks]
- Minimum stock level [3 marks]
Maximum stock level [3 marks]