Ask Experts Questions for FREE Help !
Ask
    kuki143's Avatar
    kuki143 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 3, 2012, 08:01 AM
    Cost of production report?
    Yousaf Tannery has three departments to produce leather. The data of second department is given below for the month of December 2004. You are required to prepare Cost of Production report of the second department. 20 Marks
    Units received from previous department 20000 Units
    Unit completed and transferred out 15000
    Units still in process 4000
    (Material 100% conversion 50%)
    Units lost in process at the start. (Normal) 1000
    Cost received from previous department Rs.80000
    Cost added by the department
    Material Rs.48000
    Labor 34000
    Factory overhead 17000

Check out some similar questions!

Cost of production report HELP! [ 2 Answers ]

I am taking managerial accounting online. (probably the WORST DECISION, I've ever made) I don't even know where to begin quite frankly. (yes I did read the instructions from the admin on NOT posting textbook questions, but please have mercy) I've read the chapter and still do not understand. ...

Production cost report [ 1 Answers ]

The Sandling department of Han Furniture Company has the following production and manufacturing cost data for April 2005 Production 12,000 units finished & transferred out - 3000 units started that are 100% complete as to materials & 40% complete as to conversion cost. Manufacturing cost;...

Production Cost Report [ 0 Answers ]

I'm totally confused with this. Here is the problem. Elway Footballs, INC. uses a process cost accounting system. The following operating and cost data pertain to the first process department for October: October 1, Inventory (beg. WIP) 30,000 units, 100% completed for materials and 50%...


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.