BAAB1014: Multi Cakes Sdn Bhd is involved in selling cakes. You are required to classify the following costs according to their behavior: Business Accounting Assignment, UIU, Malaysia

Walla Manufactured Sdn Bhd is a car manufacturer that produces side mirrors with a sales price of RM350 and a variable cost of RM150. Fixed costs are RM250,000 per annum with the total unit sold being 1,400 units. You are required to calculate the following:

• Contribution / Sales ratio.
•  Number of units to break even.
• Sales (RM) at the break-even point.
• Number of units to be sold to achieve a profit of RM150,000 per annum
• Based on B above, find the margin of safety in units.

Question 4

Rahul Sign, the owner of Wood Factory Expert (WFE) has the following accounts balance on 31 December 2021.

Additional information:

The closing inventory was valued at RM240,000

1. Prepare a Statement of Profit and Loss for the year ended 31 December 2021.
2. Prepare a Statement of Financial Position as of 31 December 2021.