Interested to Buy Any Domain ? << Click Here >> for more details...
A prouduct passed through three stage of the production and
product for each stage become the raw material for the new
stage further raw material on also added at each stage .
During the march 2000, 1000 unit of finishied prouduction
produced with following expenditure.
A B C
material 10000 8000 4000
labour 8000 12000 6000
on cost 5000 4000 2000
inculuded expenses amount to 5200 and to be allocated on
the bassis of labour main raw material issue to stage A
was worth rs 6400\- prepare the procesing cost account with
unit each stage and total cost finishied product the final
stage.
- 1 Answers
- 3751 Views
- I also Faced
- E-Mail Answers
Process 1
To Main material 6400 By Process 2 a/c 31000
To Material issued 10000
To Labour Cost 8000
To Expenses 5000
To OH 1600
31000 31000
Process 2
To Process 1 A/c 31000 By Process 3 a/c 57400
To Material issued 8000
To Labour Cost 12000
To Expenses 4000
To OH 2400
57400 57400
Process 3
To Process 2 A/c 57400 By Finished Goods a/c 70600
To Material issued 4000
To Labour Cost 6000
To Expenses 2000
To OH 1200
70600 70600
| Is This Answer Correct ? | 0 Yes | 0 No |
How do you value a company
3 Answers Capital IQ, Deloitte,
what is holding company, explain brief?
A prouduct passed through three stage of the production and product for each stage become the raw material for the new stage further raw material on also added at each stage . During the march 2000, 1000 unit of finishied prouduction produced with following expenditure. A B C material 10000 8000 4000 labour 8000 12000 6000 on cost 5000 4000 2000 inculuded expenses amount to 5200 and to be allocated on the bassis of labour main raw material issue to stage A was worth rs 6400\- prepare the procesing cost account with unit each stage and total cost finishied product the final stage.
Expand---------MDRT
i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.
Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?
If my company have only 10 lakhs capital, shall we get the contract amount more than this capital..? or any limit to get the contract price? and is there any relationship between capital amount and contract amount?
what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?
Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
Is the premium amount included in the subscribed capital of the company.
Three charities have common trustees and currently produce separate accounts. Can the charity somehow put these together as a single set of accounts?
Audit 
