Question 4 From the information given below, calculate the prime cost, production overhead costs and total production costs per month. Details work 1. Production manager's salary 2. Wages of employees (60% is direct labour) 3. Production royalties: RM3 per unit 4. Transport costs on raw materials purchased 5. Rental of computer system for production control 6. Depreciation: Plant and Machinery 7. Bank Interest on financing 8. Salesmen's salaries and commission 9. Travelling expenses 10. Other factory indirect expenses 11. Salary of store clerks RM 3,000 10,000 3,000 1,000 10,000 15,000 1,000 10,000 2,000 10,000 5,000

Question 4 From the information given below, calculate the prime cost, production overhead costs and total production costs per month. Details work 1. Production manager's salary 2. Wages of employees (60% is direct labour) 3. Production royalties: RM3 per unit 4. Transport costs on raw materials purchased 5. Rental of computer system for production control 6. Depreciation: Plant and Machinery 7. Bank Interest on financing 8. Salesmen's salaries and commission 9. Travelling expenses 10. Other factory indirect expenses 11. Salary of store clerks RM 3,000 10,000 3,000 1,000 10,000 15,000 1,000 10,000 2,000 10,000 5,000

Name: Question 4₁From the information given below, calculate the prime cost
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Description: Question 4₁From the information given below, calculate the prime cost, production overhead costs andtotal production costs per month.Details work1. Production manager's salary2. Wages of employees (60% is direct labour)3. Production royalties: RM3 p

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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