ACC 116: Introduction To Cost Accounting Assignment, UiTM, Malaysia Limau Manis Sdn Bhd is a medium-sized company that manufactures a variety of pickles in the northern region of 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
Embarking on the ACC 116 assignment at Universiti Teknologi MARA (UiTM) and need support? Delve into the world of cost accounting with ease using Assignment Helper MY's online assignment help in Malaysia. Our dedicated experts provide personalized guidance for your academic triumph.
Recent Solved Questions
- ECO162: Microeconomic Assignment, UITM, Malaysia Students are required to find out pertinent current issues through newspaper articles, published journals, academic magazines et cetera
- Physics Assignment, UOW, Malaysia When a capacitor is charged through a resistor by a constant voltage source, the voltages across the capacitor
- Principle of Marketing Assignment, UTM, Malaysia Based on the segmentation selected in the previous question, which group of customers do you intend to target
- UCV4612: The plaintiffs are spouses. On 28 March 2022 the plaintiffs found out that the defendant had uploaded a posting: Civil Procedure I Course Work, MMU, Malaysia
- MPU3193: Why is equality important in playing the role of uniting Malaysian society? Give two (2) reasons with examples: Philosophy and Current Issues Assignment, WOU, Malaysia
- NBNS1104: Discuss strategies to overcome adolescent pregnancies and reasonable steps to avoid the stigma: transculture in nursing Assignment, OUM, Malaysia
- BBUN2103: BUSINESS LAW Assignment, OUM, Malaysia Evaluate the circumstances that occur prior to the formation of a contract that may impair the validity of the contract.
- Cyber Security Case Study, APU, Malaysia Develop a Secure Cloud Storage that can encrypt and decrypt the files using AES and RSA cryptography
- BKC1253: Physical Chemistry Assignment, UMP, Malaysia A researcher wishes to determine the molar mass of a metal and a nonvolatile solute. For the metal determination
- HRM581: Malaysian Employment Law Assignment, UiTM, Malaysia Mandy is a 20-year-old Malaysian employed as an Administrative Clerk at AMD Precision Sdn Bhd in Melaka