ACC 116: Limau Manis Sdn Bhd is a medium-sized company that manufactures a variety of pickles in the northern region of Malaysia: Introduction To Cost Accounting Assignment, UiTM, Malaysia
University | Universiti Teknologi MARA (UiTM) |
Subject | ACC 116: Introduction To Cost Accounting |
QUESTION 1
Limau Manis Sdn Bhd is a medium-sized company that manufactures a variety of pickles in the northern region of Malaysia. In order to complete the production, the pickles must go through Cutting Department and Finishing Department. Cutting Department is machine-oriented, whilst The finishing Department is labor intensive.
There are two service cost centers in the company, namely, Canteen and Maintenance departments. The following is the cost statement provided for the year ended 31 March 2022.
Required:
a. Differentiate between cost apportionment and cost reapportionment.
b. Prepare the overhead analysis sheet which clearly shows the basis of apportionment using repeated distribution method for reapportionment of service departments. (All calculations to be rounded to the nearest RM)
c. Calculate the overhead absorption rate for each of the production departments using an appropriate basis of absorption (in two decimal points). Use the following information when necessary
Below is actual information provided for the year ended 31 March 2022:
d. Determine the over or under absorption of overheads in each production department. (All calculations to be rounded to the nearest RM)
Stuck in Completing this Assignment and feeling stressed ? Take our Private Writing Services.
Get Help By Expert
Malaysia Assignment Help has a team of professional experts who provide do my assignment cheap on ACC116: Introduction To Cost Accounting assignment. our writers have years of expertise to prepare the efficient answers on accounting assignments. our writers also offer the CRG660 Company Secretarial Practice Assignment Example, FAR560 Financial Accounting And Reporting 4 Assignment Sample, AFC718 Legal Aspects Of Forensic Accounting Assignment Example to college and university students.
Recent Solved Questions
- The development of technology is moving in tandem with economic development. Digitalization has been first introduced: Information Technology Assignment, APU, Malaysia
- FAR620: Glov Bhd is a publicly listed company in the healthcare sector. It manufactures and sells high-quality gloves which fulfill demand: Consolidated Financial Statements Assignment, UiTM, Malaysia
- BBPB2103: The purpose of this assignment is to enhance learners’ ability to explain the disciplinary procedures and challenges in taking disciplinary: HUMAN RESOURCE MANAGEMENT Assignment, OUM, Malaysia
- Describe how these marketing environmental factors, such as demographic, economic, socio-cultural, and technological forces: Marketing and Management Essay, APU, Malaysia
- Some weeks ago, you (Danny Lim) a Certified Financial Planner (CFP) and a licensed Financial Planner met your old friend: Certified Financial Planner Assignment, UTAR, Malaysia
- The proposed development of a mobile phone app by the Computer Science department would serve many perceived needs: Mobile Phone Development Assignment, UTM, Malaysia
- Explain the overall process of developing a new software application based on the latest literature: BUSINESS INFORMATION SYSTEMS Report, UCSI, Malaysia
- BBPW3103: Select any THREE companies listed in the telecommunication and media sector, on the Main Market of Bursa Malaysia: Financial Management 1, OUM, Malaysia
- Malaysia is the 19th largest export economy in the world and the 25th most complex economy according: International Finance Assignment, MU, Malaysia
- As the Head of the Investment Analysis team of Am Global Investment Fund, you have to plan your investment: Financial Investment Assignment, TARC, Malaysia