Question 1 The following costs were extracted from Red's company book at the end of December 2014 and presented to you the cost accountant for classification. Details Administrative charges Production supervisors salaries Salaries of production workers Depreciation of factory machinery Direct materials Depreciation of office furniture etc. Warehouse supervisors salaries Advertising charges Direct expenses Wages of truck drivers Commission paid to salesmen Office salaries Janitorial factory wages Training expenses for sales clerks Required: (a) Administrative cost. (3 marks) (b) Selling cost. (3 marks) (c) Distribution cost. (3 marks) (d) Direct cost. (3 marks) S 500,000 800,000 250,000 20,000 300,000 50,000 200,000 350,000 100,000 200,000 500,000 350,000 300,000 180,000
Question 1 The following costs were extracted from Red's company book at the end of December 2014 and presented to you the cost accountant for classification. Details Administrative charges Production supervisors salaries Salaries of production workers Depreciation of factory machinery Direct materials Depreciation of office furniture etc. Warehouse supervisors salaries Advertising charges Direct expenses Wages of truck drivers Commission paid to salesmen Office salaries Janitorial factory wages Training expenses for sales clerks Required: (a) Administrative cost. (3 marks) (b) Selling cost. (3 marks) (c) Distribution cost. (3 marks) (d) Direct cost. (3 marks) S 500,000 800,000 250,000 20,000 300,000 50,000 200,000 350,000 100,000 200,000 500,000 350,000 300,000 180,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Administrative charges
Production supervisors salaries
Salaries of production workers
Depreciation of factory machinery
Direct materials
Question 1
The following costs were extracted from Red's company book at the end of
December 2014 and presented to you the cost accountant for classification.
Details
Depreciation of office furniture etc.
Warehouse supervisors salaries
Advertising charges
Direct expenses
Wages of truck drivers
Commission paid to salesmen
Office salaries
mi
Janitorial factory wages
Training expenses for sales clerks
20
5
Required:
(a) Administrative cost. (3 marks)
(b) Selling cost. (3 marks)
(c) Distribution cost. (3 marks)
(d) Direct cost. (3 marks)
$
500,000
800,000
250,000
20,000
300,000
50,000
200,000
350,000
100,000
200,000
500,000
350,000
300,000
180,000
B IU 2 Α Ξ Ξ
A
TA
=
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