Q1. Costting:
A company namufactures a microsomputer called Fruit. Most of the components are imported. An invoice for a consignment received on 10th July was:

100 Super VGA cards at $65 each 6,500
40 VGA Monitors @<hidden>$240 9,600
100 Fruit BIOS Ver. 4.1 chips @<hidden>$20 Each 2,000
18,100
Fright( 852 Kg @<hidden>$2) 1,704
Insurance 181 1,885
19,985
Other costs involved in this shipment:
Duty 3,620
Cartage in store 639
Wharfage and agents charges 426

Relatice weights for this shipment are:
VGA cards 25Kg
Monitors 820Kg
Chips 7Kg

Assumptions
Fright, cartage and wharfage will be allocated according to weight. The fright allocated to the VGA Cards will be 25Kg at $2 per kilogram. Duty and insurance will be based on invoice values.

Required:
1. Please complete the cost allocation for each of the productions.
2. Show the entry on the stock card.
3. Show the Journal entries to record this purchase.