MGT402 Assignment No. 2 solution
Page 1 of 1 • Share
MGT402 Assignment No. 2 solution
COST AND MANAGEMENT ACCOUNTING (MGT402)
Spring Semester 2011
Assignment # 2 Marks: 20
Spring Semester 2011
Assignment # 2 Marks: 20
Question:
Refresh Food Products produces “Squash Cubes” by continuous processing. During April 2011 producing department X received 8,000 cubes from the preceding department W and after processing, transferred 5,500 cubes to next department Y. During the month there was normal loss of 400 cubes; at the end of process, 600 cubes (75% converted) were lost due to negligence of a worker. There was no work in process beginning inventory, the ending inventory was estimated as 60% converted. Following product costs were charged to the department X during April 2011:
Cost from preceding department W Rs.16,400
Direct materials 2,000
Direct labor 3,625
Factory overhead 5,075 Rs.27,100
In department X all materials are added at the start of process.
Required: Cost of production report for April 2011
Note: Complete working is required, it carries marks.
good luck- Monstars
- Posts : 29
Join date : 2011-02-11
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|
Today at 3:22 pm by calohgtf
» gras bestellen
Today at 3:21 pm by calohgtf
» FISH PBs
Today at 11:56 am by ali001
» Watchat Streaming World IPTV
Today at 6:26 am by ali001
» Used Car Auctions USA
Sat May 18, 2024 10:16 pm by ali001
» Amuse - Become Smarter
Wed May 15, 2024 10:50 am by ali001
» Fort Lock
Sat May 04, 2024 11:49 am by ali001
» house disrepair claims
Thu May 02, 2024 4:29 pm by Ibad Khan Buledi
» Bounce n Bang: Physics puzzler
Thu May 02, 2024 11:39 am by ali001