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cute_asma
May 28, 2010, 08:20 PM
ATHER MANUFACTURING COMPANY



INVENTORIES JANUARY 1 1995

RAW MATERIAL Rs 546,000
GOODS IN PROCESS Rs 324,000
FINISHED GOODS Rs 482,000

INVENTORIES DECEMBER 31 1995


RAW MATERIAL[CENTER]GOODS IN PROCESS[CENTER]FINISHED GOODS
MATERIALS 581,000 129,000 435,000

LABOUR - 42,000 270,000

OVERHEAD - ? 216,000

Date of the year ended December 31

COST OF GOODS MANUFACTURED Rs 81,128,800

Factory overhead Rs 5,300,000

The Company also paid transportation cost on materials purchased of Rs 2,77,000
It received credit of Rs 163,000 for material return to suppliers.

REQUIRED ;

ON the basis of the above information and missing date which can be derived from it
PRPARE a statement of COST OF GOODS MANUFACTURED for the year ended DECEMBER 31, 1995

cute_asma
May 28, 2010, 08:21 PM
Help me

cute_asma
May 28, 2010, 08:27 PM
Inventories December 31, 1995

Raw material:
Materials 581,000
Labour _
Overhead _

Goods in process:
Materials 129,000
Labour 42,000
Overhead ?

Finished goods

Materials 435,000
Labour 270,000
Overhead 216,000

Clough
May 28, 2010, 09:22 PM
Hi, cute_asma!

You're looking for someone to help you to learn how to come up with the answers yourself. Correct?

Thanks!

morgaine300
May 29, 2010, 12:27 AM
The information is in kind of a mess and I don't understand it. Think you could clean it up a bit so that we can tell what is supposed to be what?

Also, we know you want help, as everyone else does. Posting a minute later to say so is not useful. We are volunteers with lives and are not answering people one minute after they post a question.