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SEMESTER SPRING 2016
COST &MANAGEMENT ACCOUNTING (MGT402)
ASSIGNMENT # 01
DUE DATE: 18th July, 2016 MARKS: 10
TOPIC TO BE TESTED:
Cost of Production Report.
To understand the Cost of Production Report (CPR) in terms of units schedule,
equivalent units produced and per unit cost.
Company ABC instituted a new process in March, during which it started 24,000 units in
department A. During the month 14,000 units were completed and transferred to the
department B. 8000 units (completed 25% with respect to materials and completed 50%
with respect to labor and FOH) were still in the process at the end of March. Remaining
units were destroyed (normal loss) during processing. Costs incurred by the department A
were: materials Rs. 180,000, labor Rs. 140,000 and FOH Rs. 100,000
By considering the above information, you are required to prepare
1. Quantity schedule for “Department A”
2. Schedule of Equivalent Units Produced for “Department A”
3. Schedule of per unit cost calculations for “Department A”
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Friends you can also see the Assignment no 1 of cost and management accounting from attachment
Friends share your thought and ideas for this Assignment ....thanks
take lecture 20 example 2nd
Please Discuss here about this assignment.Thanks
Our main purpose here discussion not just Solution
We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions.
bros and sisters.....consult practice question at page 139 (Ginza beauty products),it is similar to our assignment
Part 2 : Schedule of equivalent units produced for department A = 22, 000 units after calculations. Is it right? ???
Part 3 : Schedule of per unit cost :
Anyone tell me is it right? ??
i hv done submitted
Part 3 answer of unit cost is 24.6 after calculations ????
yes 24. somthing
zubair ...aap ki unit cost kya nikli hai after calculations????
bro plz help me... and than send me this assignment plzzz
if you have done to 2sron ko q bta rhe he. apko chahye k 2sron ki help kren.
yes i can join my group on fb