QUESTION 1a) In January, Protech Bhd purchased raw materials costing RM 248,800 and incurreddirect labour cost of RM 340,000. Production overheads totaled RM92, 200 for themonth.You are required to compute:i. Prime Costsii. Conversion Costs

Prime Cost = Raw material + Direct Labor Conversion Cost = Direct Labor cost + Production overheads

Answered: QUESTION 1 a) In January, Protech BH

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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23 Business Mathematics II 02 (BINM Group 2) An interest-bearing note for 90 days at 8% p.a. has a face value of $80,000. If the note is discounted 70 days from maturity at a rate of 10% p.a., calculate the amount of proceeds. a. $80,043.01 b. $81,043.01 O C. $70,043.01 Follow Us You are logged in as Gurpreet ASUS
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Complete the following, using exact interest. (Use Days in a year table.) Note: Do not round intermediate calculations. Round the "Interest" and "Maturity value" to the nearest cent. Principal $ 1,000 Interest rate 8% Date borrowed March 08 Date repaid June 09 Exact time Interest Maturity value
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