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Assignment:
Superior Products Manufacturer Limited (SPML) manufactures industrial products that go through
three processing departments – molding, assembling and finishing. The information pertains to the
operations of the molding department for May, 20X3 is as follows:
Units started in molding department 18,200
Cost incurred in molding department: Rs.
Direct material 210,000
Direct labor 077,000
Factory overhead 038,500
14,000 units were completed and transferred to the assembling department during the month of May.
There were 3,500 units as to still-in-process (completed up to 100% material and 50% conversion cost).
700 units were lost during processing and it was treated as normal loss.
Following is the information pertaining to the operations of the assembling department:
11,000 units were completed and transferred to the finishing department. 2,200 units were in process
and completed up to 100% material and 70% conversion cost. Cost incurred in the department is as
follows:
Rs.
Direct material 2,200
Direct labor 45,000
Factory overhead 33,000
During final inspection at the end of the process, it was discovered that 800 units were lost owing to
unavoidable spoilage.
9,000 units were completed in the finishing department and transferred to the store room. 1,500 units
were still in process (converted 30%) and 500 units were lost which were 70% converted but not
charged for any direct material. This loss is to treat as abnormal loss. Cost incurred in finishing
department is:
Rs.
Direct labor 52,000
Factory overhead 41,000
Required: Prepare following schedules for all three departments by using the above information:
a) Quantity Schedule (3 Marks)
b) A schedule of cost to be charged by each department (7 Marks)
c) A schedule of total cost accounted for (7 Marks)
d) A schedule of equivalent production (6 Marks)
e) Cost per unit in each department (3 Marks)
f) Working for normal and abnormal loss (4 Marks)

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Replies to This Discussion

any can help in 2nd and 3rd department???

nightingale rana yeah u

mano abnormal loss ki treatment kya di hai???

ye 20.35 itna ziada kaisay nikala hai

normal/abnormal losses ka thora detail sai koi explian kar lai, 

Thanx in advance

mano can u share ans of 2 deportment?????

mano r u there?

mere answers b mano waly a rhy hyn except the abnormal loss treatment.

d. l = 500 units * % *5.30

Foh = 500 units * % * 4.18

but cost accounted for abi bi different hai.

jitn lost units hyn us py uski required % put kr dain then esi trha labor and foh  ki nd * by their units and total will be abnorml loss. 

angel agr solve ki hai tu btao mera khud same nai aa rha ans 

2nd department kay answers bhi share karo

kindly tell me the ans of "cost charged to deptt and total cost accounted for" for 2nd deptt.

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