Papa Ground Factory provided the following information for the last calender year: Beginning inventory Direct materials........................................................................................... K60,000 Work in process........................................................................................... K75,000 Ending inventories Direct Materials ...........................................................................................K45,000 Work in process ...........................................................................................K20,000 During the year, direct materials purchased amounted to K200,000, directed labour cost was K200,000 and overhead cost was K400,500. There were 100,000 units produced Required: 1. Calculate the total cost of direct materials used in production. 2. Calculate the cost of goods manufactured. 3. Calculate the unit manufacturing cost
Papa Ground Factory provided the following information for the last calender year:
Beginning inventory Direct materials........................................................................................... K60,000 Work in process........................................................................................... K75,000
Ending inventories Direct Materials ...........................................................................................K45,000 Work in process ...........................................................................................K20,000
During the year, direct materials purchased amounted to K200,000, directed labour cost was K200,000 and overhead cost was K400,500. There were 100,000 units produced
Required:
1. Calculate the total cost of direct materials used in production. 2. Calculate the cost of goods manufactured. 3. Calculate the unit
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