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
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
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
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)
Faizan Bhai kindly guide me how to calculate abnormal loss in 3rd deptt..I am unable to understand this from the example of handout.
sb kihty toot gye oo kr dooo upload solution
koi to idea solution share ker day
thanks in advance....
tariq bhai plz solution idea
faizan or mano ap logo ki preceding department ki kya cost he 2nd or 3rd department mein ?
2nd me to i think 266880 hu gi .. right or wrong ?
or 3rd department me kya tai he preceding dfepartment ki cost ?
Assalamo Alikum to All . dear mai nay assignment solve kar le hai 2nd department with abnormal loss. but Insha Allah kal post karounga Pic. format mai.
yasir bahi aj kr do na plzzzzzzzzzzz kal kia faida agar nai kro gay to ap bohat aho selfish hon gay
question page 140 first example ki trha e start kreen gy isy
for three departments individually .. but 1st mai Normal loss or 2nd mai Abnormal Loss ke treatment karian gay.
yasir bhai remember abnormal loss is only in 3rd dept not in 2nd dept. other two dept have normal loss. It is clear in question.
pls yar kal ka day b remaining hai. but i promised all of you. ..
tariq bhai complete solution idea share ker dain plzzzzzzzzzzzzzzzzz
kindly third part share karay:)