Cost Description Amount 1.Cost of the wood that was used in manufacturing the tables. 10,000,000 2.Labour cost-For the workers who were involved in manufacture & assembly of 8,500,000 Chairs and other types of furniture during the year. 3.Annual Salary paid to a factory supervisor who supervised the manufacture & 3,800,000 assembly of tables during the year. 4.The electricity cost incurred in the manufacture of the tables during the year 800,000 5. The Annual salary paid the CEO of the company. 10,000,000 6. The cost of advertising all the company's products on social media per year. 7. Sales commission paid to the employees involved in marketing the tables during 3,000,000 6,500,000 the year. 8.The rent income that the company could earn if it rented out its factory space for 5,000,000 a whole year instead of producing tables

Cost Description Amount 1.Cost of the wood that was used in manufacturing the tables. 10,000,000 2.Labour cost-For the workers who were involved in manufacture & assembly of 8,500,000 Chairs and other types of furniture during the year. 3.Annual Salary paid to a factory supervisor who supervised the manufacture & 3,800,000 assembly of tables during the year. 4.The electricity cost incurred in the manufacture of the tables during the year 800,000 5. The Annual salary paid the CEO of the company. 10,000,000 6. The cost of advertising all the company's products on social media per year. 7. Sales commission paid to the employees involved in marketing the tables during 3,000,000 6,500,000 the year. 8.The rent income that the company could earn if it rented out its factory space for 5,000,000 a whole year instead of producing tables

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Uploaded: 2024-03-20T06:32:49.000Z
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Description: The following information has been extracted from the cost accounting information system database for Victoria Furnitures Ltd. The company manufactures different types of furniture’s, including tables; The company manufactured 1,000 tables during the

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter4: Activity-based Costing

Section: Chapter Questions

Problem 1E: Kennedy Appliance Inc.s Machining Department incurred 450,000 of factory overhead cost in producing...

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