The following figures for the month of April
, 2019 were extracted from them records of a factory :
Opening
Closing
(1.4.19)
(30.4.19)
Stock of raw materials
20,000
25,000
Semi-finished goods
25,000
35,000
Unsold goods
36,000 (4,000 units) ? (5,000 units)
Purchase of materials
COM
80,000
Machine hour rate
* 16 per hour
Machine hours worked
2,500 hours
Productive labour
55,000
giao
* 20.000
Chargeable expenses
General office overhead
2.40 per unit
Selling and distribution overhead
*1.50 per unit
Sale of 24,000 units
15 per unit
(a) Prepare cost sheet for the month of April, 2019 assuming that sales are made on the basis of 'last-in
first-out' principle.
(b) What would be the difference in profit and value of closing stock of unsold goods, if such stock is valued
at 'Simple average method' ?
[C.U.,B.Com. (Hons.)'09 - Adapted]
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Answers
Answered by
1
Answer:
the total number is 328,728
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