Q 1 Give a numerical example of non-routine decision, Determine the relevant costs for this non-routine decision and discuss the analysis (quantitative and qualitative) required to make the decision?(1.5 Marks)
Q 2 Which types of companies would most likely use a process costing system? Provide examples of two Saudi Companies.
Explain the methods with which the cost per unit will be calculated for this type of companies.Explain how the different items of inventory will be evaluated?(1.5 Marks)
Q 3 KLM Company has two departments, Assembly and Testing.You are given the following information about the costs of 5 activities that occur at the manufacturing plant monthly:
ActivityTotal CostsTotal number of units of Cost Driver
Material handlingSAR200, 000400,000 parts
Supervision of direct labor126,00090 employees
Janitorial and cleaning200,0004,000 hours
Machining300,0007,000 machine hours
Total costsSAR826,000
The above activities are used by the two departments as follows:
AssemblyTesting
Material handling200,000 parts200,000 parts
Supervision of direct labor40 Employees50 employees
Time spent cleaning2,000 hours2,000 hours
Number of machine hours5,000 machine hours2,000 machine hours
a. How much of the material handling cost will be allocated to Assembly?
b. What is the ABC allocation rate for supervision of direct labor?
Sample Solution
assage, He frequently reused the words “I have⦠” following the reasons of the first invitees. Those words “I have” infer that the ones who didn’t go to just had different significances they would prefer to put before the incredible feast the ace had orchestrated. Scholarly and religious setting In the more extensive setting of the section, Jesus utilizes the supper setting in the Pharisee’s home to depict who will be welcomed into the Kingdom of God. He realizes the Jewish culture had educated through their prophets how a King would come to spare them. He likewise realized they expected a Kingdom which would be preeminent to the exclusion of everything else. The Jews of that time anticipated that this Kingdom should get through the method for a ground-breaking King. Despite the fact that the Old Testament prophets likewise talked about a Lamb and of a Messiah, they clung to the introduction of a Savior as a King. While they were not off-base, they were over centered around the intensity of the King and not the penance of the King. Jesus knew about His approaching passing by the dismissal of the Jews around then and accepted this open door to instruct them that the new Kingdom would be loaded up with Jews and Gentiles the same. In the wake of perusing the entry and the previous stanzas, we don’t have the foggiest idea about the thought processes of the Pharisees, yet we do know anyway from Luke that Jesus is “as a rule deliberately viewed”. Jesus recuperates a man and sends him out the door in the wake of inquiring as to whether it was legitimate to mend since it was the Sabbath day. The Pharisees stayed quiet. Jesus knew right then these equivalent Pharisees, whom He was to eat with, were strict and not comprehension of what the law was intended to educate. The Pharisees ought to have stated, “Completely recuperate him!”, however rather were quiet since they knew the predicament of the inquiry. On the off chance that they said indeed, they will have acknowledged His maverick position and would have been humiliated>
assage, He frequently reused the words “I have⦠” following the reasons of the first invitees. Those words “I have” infer that the ones who didn’t go to just had different significances they would prefer to put before the incredible feast the ace had orchestrated. Scholarly and religious setting In the more extensive setting of the section, Jesus utilizes the supper setting in the Pharisee’s home to depict who will be welcomed into the Kingdom of God. He realizes the Jewish culture had educated through their prophets how a King would come to spare them. He likewise realized they expected a Kingdom which would be preeminent to the exclusion of everything else. The Jews of that time anticipated that this Kingdom should get through the method for a ground-breaking King. Despite the fact that the Old Testament prophets likewise talked about a Lamb and of a Messiah, they clung to the introduction of a Savior as a King. While they were not off-base, they were over centered around the intensity of the King and not the penance of the King. Jesus knew about His approaching passing by the dismissal of the Jews around then and accepted this open door to instruct them that the new Kingdom would be loaded up with Jews and Gentiles the same. In the wake of perusing the entry and the previous stanzas, we don’t have the foggiest idea about the thought processes of the Pharisees, yet we do know anyway from Luke that Jesus is “as a rule deliberately viewed”. Jesus recuperates a man and sends him out the door in the wake of inquiring as to whether it was legitimate to mend since it was the Sabbath day. The Pharisees stayed quiet. Jesus knew right then these equivalent Pharisees, whom He was to eat with, were strict and not comprehension of what the law was intended to educate. The Pharisees ought to have stated, “Completely recuperate him!”, however rather were quiet since they knew the predicament of the inquiry. On the off chance that they said indeed, they will have acknowledged His maverick position and would have been humiliated>
