COST SHEET Q.1 Calculate total factory cost and factory cost per unit from the following information: Number of units of raw material consumed Cost of material consumed Direct wages Direct expenses Factory overheads Opening stock of work-in-progress (2000 units) Closing stock of work-in-progress (3000 units) . 3 10,000 1,00,000 50,000 30,000 1,20,000 60,000 ?

COST SHEET Q.1 Calculate total factory cost and factory cost per unit from the following information: Number of units of raw material consumed Cost of material consumed Direct wages Direct expenses Factory overheads Opening stock of work-in-progress (2000 units) Closing stock of work-in-progress (3000 units) . 3 10,000 1,00,000 50,000 30,000 1,20,000 60,000 ?

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter2: Accounting For Materials

Section: Chapter Questions

Problem 15E: Kenkel, Ltd. uses backflush costing to account for its manufacturing costs. The trigger points are...

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Cushing, Inc., costs products using a normal costing system. The following data are available for last year: Overhead is applied on the basis of direct labor hours. What was last years per unit product cost? a. 1.39 b. 4.40 c. 4.43 d. 3.01
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