Question No: 37 ( Marks: 5 )

PA limited operates a job costing system. The company standard sale price is predetermined Rs.

505 based on cost plus 20% profit margin. The estimated cost for Job # 141 is as follows:

Direct material   5 meters@ Rs.20 per meter

Direct labor       14 hours@ Rs. 8.00 per hour

Production overhead for the year are budgeted to be Rs.200,000 and are to be recovered on the

basis of the total 40,000 direct labor hour for the year.



v Calculate Cost of Goods Sold for job # 141

v Calculate amount of profit for job #141

kindly some body solve it properly 

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If anyone know how to solve this problem then kindly help plz

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Tariq bahi i asked help from u too plz solve this problem

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to plz solve this rabiya and post it plzzzzzzzzzz

Mateiral = 100
D. Labor = 112
FOH = 200 000/40000x14 = 70
Cost of goods sold = 282
Net Profit= 282x.2/.8=70.5

Somebody tell m i have solved the above problem write

atif paper hogaya apka???

i thnk its wrong the question is complicated

tehrim do u knw hw to solve it


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