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Universiti Teknologi Mara Common Test 1: Confidential AC/APR 2019/MAF201
Universiti Teknologi Mara Common Test 1: Confidential AC/APR 2019/MAF201
INSTRUCTIONS TO CANDIDATES
1. Answer ALL questions in the Answer Booklet. Start each answer on a new page.
2. Do not bring any material into the examination room unless permission is given by the
invigilator.
3. Please check to make sure that this test pack consists of:
QUESTION 1
QUESTION 2
Paihia Construction Ltd has been awarded a contract to build a shopping mall in a new
township. The work started in 5 July 2018 and it is estimated that the contract will take 18
months to be completed.
On 31 March 2019, when the accounts were closed, the following details about the contract
were gathered:
RM
Contract price 2,500,000
Materials purchased and delivered to site 225,000
Materials transferred to another site 70,500
Materials returned to supplier 2,550
Direct wages paid 140,000
Indirect wages paid 25,000
Plant at cost brought to site on 10 July 2018 90,000
Architect fees paid 22,000
Value of work certified 1,000,000
Additional information:
Required:
QUESTION 3
Aira Humaira Bhd produces Mixed Fruity Juicy which undergo two processes. The output
from Extraction process is transferred to second process for mixing. The following are the
information related to the processes of Mixed Fruity Juicy for Aira Humaira Bhd in the month
of March 2019:
Extracting Process:
Item Quantity RM
Direct material input 12,000 litres 55,838
Conversion cost:
Direct labour at RM5.00 per labour hour 34,850
Production overhead to be charged at
RM3.20 per labour hour
Expected loss 10% of input at scrap value of
RM2 per litre
Actual output transferred to Mixing Process 11,250 litres
Mixing Process:
Additional material 6,750 litres 36,000
Conversion costs 40,820
% completion of opening work in progress: 4,000 litres
Transferred from mixing process 100% 3,750
Additional material 100% 1,520
Conversion costs 70% 2,340
% completion of closing work in progress: 5,000 litres
Transferred from mixing process 100%
Additional material 100%
Conversion costs 30%
Expected loss 5% of production at scrap value RM3 per litre
Units actually scrapped 1,200 litres
All losses are detected at the end of the processes and can be sold as scrap. It is the policy
of Aira Humaira Bhd to use First in First Out method for its opening working in progress.
Required: