4. Popeye Company is a metal and wood cutting manufacturer, selling products to the home construction...

 

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4. Popeye Company is a metal and wood cutting manufacturer, selling products to the home construction market. Consider the following data for the month of October, 2016. Sandpaper Material handling costs Lubricants and coolants Miscellaneous indirect manufacturing labour Direct manufacturing labour Direct materials (01-10-16) Direct materials (31-10-16) Finished Goods (01-10-16) Finished Goods (31-10-16) Work in progress (01-10-16) Work in progress (31-10-16) Plant leasing costs Depreciation on plant equipment Property taxes on plant equipment Fire insurance on plant equipment Direct materials purchased Sales revenues Marketing promotions Marketing salaries Distribution costs Customer service costs Prepare Cost sheet and find out the profit for the month of October 2016. 5,000 1,75,000 12,500 1,00,000 7,50,000 1,00,000 1,25,000 2,50,000 3,75,000 25,000 35,000 1,35,000 90,000 10,000 7,500 11,50,000 34,00,000 1,50,000 2,50,000 1,75,000 2,50,000 4. Popeye Company is a metal and wood cutting manufacturer, selling products to the home construction market. Consider the following data for the month of October, 2016. Sandpaper Material handling costs Lubricants and coolants Miscellaneous indirect manufacturing labour Direct manufacturing labour Direct materials (01-10-16) Direct materials (31-10-16) Finished Goods (01-10-16) Finished Goods (31-10-16) Work in progress (01-10-16) Work in progress (31-10-16) Plant leasing costs Depreciation on plant equipment Property taxes on plant equipment Fire insurance on plant equipment Direct materials purchased Sales revenues Marketing promotions Marketing salaries Distribution costs Customer service costs Prepare Cost sheet and find out the profit for the month of October 2016. 5,000 1,75,000 12,500 1,00,000 7,50,000 1,00,000 1,25,000 2,50,000 3,75,000 25,000 35,000 1,35,000 90,000 10,000 7,500 11,50,000 34,00,000 1,50,000 2,50,000 1,75,000 2,50,000

Answer rating: 100% (QA)

Work in progress 011016 Direet material Diret material 011016 Direet material purchase Total Direct ... View the full answer