ACC416: Cost and Management Accounting Assignment, UiTM, Malaysia Classify the following costs of a franchise pizza chain either prime cost production overhead cost administrative cost
University | Universiti Teknologi MARA (UiTM) |
Subject | ACC416: Cost and Management Accounting |
QUESTION 1
A. Classify the following costs of a franchise pizza chain either prime cost production overhead cost administrative cost or selling and distribution cost.
B. Cede Jati Enterprise is a local producer of teakwood furniture n East Malaysia. The business is organized into several departments such as purchasing, and production. marketing. storage and distribution. Each department has a manager responsible for managing their area. Department managers received monthly salaries while sales staff are paid monthly salaries plus a commission based on the sales revenue generated. The following are part of the costs of running the business
- Salaries of sales staff with a monthly allowance of RM1.000 and commission at RM2 for each unit sales
- Salaries of the department manager
- Teakwood limber
- Wages of carpenter based on unit produce
- Renting a machine for a customer order
- Insurance on building
- Insurance on inventory
- Advertisement
- Electricity
- Derxeuabon on office equipment
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