HA2011 Tutorial Questions On Management Accounting - Assignment 1

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Week 1 Question (10 marks)

Refer to the following information listed below:

  • Direct material used $150,000
  • Selling costs $5,000
  • Indirect labour $7,000
  • Administrative costs $10,000
  • Depreciation on factory equipment $70,000
  • Direct labour $40,000
  • Overtime premiums paid $20,000
  • Indirect materials $45,000

Based on the information provided above, calculate the period costs:

  1. $15,000
  2. $20,000
  3. $190,000
  4. $372,000

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