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Financial information pertaining to Neutron-X Sdn Bhd above follows:
Beginning cash balance is RM180,000
Sales are on credit and are collected 50 percent in the current period and the remainder in the next period. Last quarter’s sales were RM840,000. There are no bad debts.
Purchases of direct materials and labor costs are paid for in the quarter acquired.
Manufacturing overhead expenses are paid in the quarter incurred.
Selling and administrative expenses are all fixed and are paid in the quarter incurred. They are budgeted at RM34,000 per quarter, including RM9,000 of depreciation.
Refer to the sales budget prepared in Task 1. Construct a cash budget for Neutron-X Sdn Bhd for the quarter ending 31st December 2021.
Queenie Cocoa manufactures nutritious cocoa powder packaged for local market. The product is sold in boxes at RM40 per unit. The cost incurred to manufacture and market the product follows: Cost Schedule:1. Variable Costs per Box (RM) *Direct Unit=12, Direct Labour per unit=6, Manufacturing overhead=5, selling and administrative=3. 2.Fixed Costs(RM): Manufacturing overhead=300,000 and selling and administrative=120,000
In the first year of its operation, Queenie Cocoa manufactures 50,000 boxes of which 42,000 boxes were sold. (a) Prepare a contribution margin income statement. (b) Calculate Queenie’s break-even point in units and ringgit. (c) Calculate the units that Queenie must sell to achieve an after-tax profit target of RM210,000? Assume the tax rate is 40%. Indicate the margin of safety in units, at this point. (d) Queenie wishes to incur and additional selling expense of RM35,000, other costs remain constant. Calculate the new break-even point in RM.
Show that a field f may be considered as a vector space over f if scalar multiplication is identified with field multiplication
The students of same age group from two different schools were compared for variability in their mathematical skill. A random sample of 25 pupils from one school had a variance of 16 marks while a random sample of 22 pupils from the other school had a variance of 8 marks. Examine if the difference in variability is significant. [F at (24,21) at 5% level of significance is 2.05]
Ten individuals are chosen at random from a normal population and their heights are found to be 63, 63, 66, 67, 68, 69, 70, 70, 71, 71 inches. Test if the sample belongs to the population whose mean height is 66 inches. [Given t at 9 degrees of freedom at 5% level of significance is 2.62]
Prove that the set of all vectors in a plane over the field of real numbers is a vector space
Kasia Manufacturing Company has developed the following standards for one of their products:STANDARD VARIABLE COST CARD, ONE UNIT OF PRODUCT
Direct materials: 20 square meters at RM5 per square foot RM100.00
Direct labor: 8 hours at RM6 per hour- 48.00
Variable overhead: 8 hours at RM3 per hour-24.00
Total standard variable cost per unit -RM172.00
The company records materials price variances at the time of purchase.
The following activities occurred during the month of July:
Materials purchased:150,000 square metersat RM5.25 per sq. foot
Materials used:96,000 square meters
Units produced:5,000 units
Direct labor:41,000 hours at RM6.55 per hour
Actual variable overhead:RM238,000
Required:
Compute the following variances and indicate whether they are favorable (F) or unfavorable (U).
a. Material price variance? b.Material usage variance? c.Direct labourrate variance? d.Direct labor efficiency variance? e.Variable overhead spending variance? f. Variable overhead efficiency variance?
A farmer wants to determine the dimensions of the largest rectangular area tgat can be inscribed in a right angled triagle field with a height h=4 meters and a hypotenuse of 5 meter
Find the dimensions of the rectangle with the maximun area
Find the mean, sample standard deviation, quartiles, box and whisker plot, and stem and leaf diagram, of the following body temperature (°F)
97.1 97.8 98.0 98.9 99.5 96.3
98.4 98.5 98.1 100.8 98.6 98.2
99.0 99.3 98.8 97.6 97.4 99.0
97.4 96.4 98.0 98.1 97.8 98.5
98.7 98.8 98.2 97.6 98.2 98.8
Find the Range, Standard Deviation, and Variance, for the given data samples. 1. 93, 67, 49, 55, 92, 87, 77, 66, 73, 96, 54 2. 48, 91, 87, 93, 59, 68, 92, 100, 81 3. 8, 6, 8, 6, 8, 6, 8, 6, 8, 6, 8, 6, 8 4. -8, -5, -12, -1, 4, 7, 11 5. -23, -17, -19, -5, -4, -11, -31
