ACC116 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) |
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)
Get Help By Expert
AssignmentHelper.my is the ideal platform to get help for your ACC116 Introduction To Cost Accounting Assignments in UiTM, Malaysia. Our team of highly experienced writers are familiar with all the ins and outs of cost accounting and can provide you with high quality written solutions. Our expert Malaysian assignment writers have years of experience writing assignments related to all kinds of topics in cost accounting and can provide you with the best possible solutions for your assignments. Our services are also reasonably priced, so that even students on a tight budget can benefit from them. We offer comprehensive services for all types of assignments including individual and group assignments. You can also check our AIS615 assessment solutions, MAF151 assignment answers and many more.
Recent Solved Questions
- BBTS 2133 Assignment – Student Information Management System (SIMS)
- ITT270: Digital Electronic Assignment, UiTM, Malaysia Understand the concept of a digital systems and arithmetic logic circuit
- Finance Accounting and Management Assignment, UON, Malaysia Choose any three 3 accounting standards that you have learned in the class and discuss briefly those standards in regard to their recognition
- Project Cost Auditing Assignment, UITM, Malaysia Discuss an issue/ problem/ process improvement that occurs in the current construction project
- BAM7014: Accounting for Managers Assignment, MMU, Malaysia Prepare a briefing report on the financial implications of the managing director’s proposal to outsource some
- MPIS7103 – Management Information Systems, Assignment 1, CU, Malaysia
- Public relations Assignment, UTAR, Malaysia You need to find a news story in the media that discusses (explicitly or implicitly) the effects of public relations
- Bachelor of Performing Arts Assignment, TU, Malaysia Discuss three symbolisms in the play Macbeth and how they support the central theme of the play
- Cross-Cultural Management Assignment Report: Importance, Challenges & Strategies in Global Teams
- BBF201/05: Introduction to financial management Report, WOU, Malaysia Iiquidity position, and how the liquidity position has changed over time from 2020 to 2021