During First week of September 2010, Tri star football manufacturers worked on two orders for production...

 

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During First week of September 2010, Tri star football manufacturers worked on two orders for production of export quality of footballs. A synthetic leather codes as ML-9 was used for the production. Opening Balance September 1* last three digits of your arid no. sq. feet at Rs.20 per sq. feet Sept. 2nd Received 100 sq. feet at Rs. 2200, Sept. 3rd 120 sq. feet issued. Sept. 4th Received 200 sq. feet @ Rs. 24. Sept. 5th Returned to storeroom (treat as oldest issue) 10 sq. feet. Sept. 6th issued 210 sq. feet. Sept. 7th 10 sq. feet returned to storeroom. Requirements: Prepare store Ledger card by using LIFO, FIFO and ACM method also Calculate Cost of goods sold under each method while Direct Labor Cost is Rs. 6000 and FOH is 20% above from Direct Labor. During First week of September 2010, Tri star football manufacturers worked on two orders for production of export quality of footballs. A synthetic leather codes as ML-9 was used for the production. Opening Balance September 1* last three digits of your arid no. sq. feet at Rs.20 per sq. feet Sept. 2nd Received 100 sq. feet at Rs. 2200, Sept. 3rd 120 sq. feet issued. Sept. 4th Received 200 sq. feet @ Rs. 24. Sept. 5th Returned to storeroom (treat as oldest issue) 10 sq. feet. Sept. 6th issued 210 sq. feet. Sept. 7th 10 sq. feet returned to storeroom. Requirements: Prepare store Ledger card by using LIFO, FIFO and ACM method also Calculate Cost of goods sold under each method while Direct Labor Cost is Rs. 6000 and FOH is 20% above from Direct Labor.

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