- Care Safeguiding Children Assignment | Oxford Brookes University
- PSY4011 Developmental Psychology Assessment Brief | Arden University
- QSP7PCM Professional Cost Management Assignment 2 September 2025 | UCEM
- EGR2006M Control Systems Assignment 1 Brief | University of Lincoln
- MBA7066 Innovation and Entreprenuership Assignment Portfolio 2025 | UGM
- Contract Law Assessment 2 Problem Scenario 2025-26 | University Of Salford
- Operations & Supply Chain Management Assignment Brief : E-Commerce Supply Chain Efficiency
- Unit 1 Programming Assignment 2025-26 | ESOFT Metro Campus
- K/651/4745 Unit 1 Teaching My Subject Written Assignment | Britannia Education Group
- H/650/1099 Level 4 Academic Writing and Research Skills Assignment Brief | LSBU
- ASB-4012 Codding for Business Application Assignment – Project in R | Bangor University
- Unit: Team Management in Health and Social Care OTHM Level 5 Diploma Assignment
- BTEC Level 3 Unit 4 Programming Assignment – Concepts of Programming
- HSO4004 Principles of Care Assignment-1 and Assignment-2 Semester-1 September 2025-26
- 1031ENG-N Civil Engineering Construction Technology In-Course Assessment (ICA) Group Report | Teesside University (TU)
- MOD009382 Finance and Governance in Health and Social Care 011 Assessment Coursework Report | Anglia Ruskin University
- Geotechnical Engineering Assignment 2025/26 – University Of Surrey (UniS)
- Essentials of Adult Nursing Summative Assessment – University of Roehampton London (UoRL)
- BMP3006 Practical Digital Marketing Assessment 1 Individual Written Portfolio September 2025 – Regent College London
- CIPD_5HR03_24_01 5HR03 Reward for Performance and Contribution Level 5 Associate Diploma Learner Assessment Brief – Chartered Institute of Personnel and Development
ACC116: Rose Leather Berthed Produces A Variety Of Leather Products: Introduction To Cost Accounting Assignment, UOL, UK
| University | University of London (UOL) |
| Subject | ACC116: Introduction To Cost Accounting |
QUESTION 1
Rose Leather Berhad produces a variety of leather products. Given below are the many types of costs incurred for the first quarter of 2021.
| Types of costs | |||
| 1 | Direct material costs | 8 | Rental of special equipment |
| 2 | Salary of production workers | 9 | Factory Power and electricity cost |
| 3 | Salary of supervisors | 10 | Designer fee |
| 4 | Advertisement expenses | 11 | Administration cost |
| 5 | Depreciation of sewing machines & equipment | 12 | Depreciation of office equipment |
| 6 | Salesman commission | 13 | Maintenance cost of machine |
| 7 | Factory building insurance | 14 | Insurance of office building |
Required:
For each overhead costs below, state any four (4) examples from the above table.
1. Production overhead cost
2. Non-production overhead costs
Do You Need Assignment of This Question
QUESTION 2
State the appropriate basis for the following activities:
| Activities | Appropriate Basis | |
| a | Basis for apportionment of electricity costs | |
| b | Basis for apportionment of insurance of building cost | |
| c | Basis for reapportionment of overhead costs at the Store Room department | |
| d | Basis for reapportionment of overhead costs at the Maintenance department | |
| e | Basis for apportionment of building rental cost | |
| f | Basis for apportionment of Supervisors salaries cost | |
| g | Basis for reapportionment of overhead costs at the Canteen department | |
| h | Basis for reapportionment of overhead costs at Quality Control Department |
Buy Answer of This Assessment & Raise Your Grades
QUESTION 3
Aiden Enterprise has two production departments, Mixing Department and Packaging Department.
| Mixing Department | Packaging Department | |
| Budgeted Production Overhead costs | RM 250,000 | RM 360,000 |
| Actual production Overhead costs | RM 320,000 | RM 300,000 |
| Budgeted machine hours | 47,250 hours | 1,000 hours |
| Actual machine hours | 45,000 hours | 1,500 hours |
| Budgeted Labour hours | 4,500 hours | 15,000 hours |
| Actual labour hours | 5,000 hours | 13,800 hours |
| Budgeted direct wages cost | RM159,000 | RM200,000 |
| Actual direct wages cost | RM120,000 | RM 250,000 |
| Budgeted direct material cost | RM88,000 | RM15,000 |
| Actual direct material cost | RM80,000 | RM18,000 |
| Budgeted units of production | 10,000 units | |
Required:
1. Assuming that Mixing Department uses more machine for production. Calculate the overhead absorption rate (OAR) for Mixing Department using the most appropriate
2. Assuming that Packaging Department are uses labour intensively for Calculate the overhead absorption rate (OAR) for Packaging Department using the most appropriate basis.
3. Calculate the SINGLE / BLANKET overhead absorption rate using the percentage of prime cost
4. Based on your answer in (a), determine the over or under absorption of the overhead cost for Mixing
Are You Looking for Answer of This Assignment or Essay
Looking for Accounting Assignment Help on (ACC116) Introduction To Cost Accounting? Our London assignment experts provide excellent writing. We have an assignment writing service to help you with all types of assignment. With the team of Ph.D. holders, we only focus on plagiarism-free written papers at affordable prices. Here, we only provide custom assignment writing so that you can get unlimited free revisions.
Answer
