Question: Input - 3800 units; Output - 3000 units; Closing work-in-progress-800 units Particulars Degree of Process Costs Completion (OMR) Materials 80% 7280 Labour 70% 10680 Overheads

Input - 3800 units; Output - 3000 units; Closing work-in-progress-800 units Particulars Degree of Process Costs Completion (OMR) Materials 80% 7280 Labour 70% 10680 Overheads 70% 7120 A. Equivalent production units is: B. Cost per equivalent unit is Materials - 3640 units and Labour and Overheads -3560 units Materials - 2560 units and Labour and Overheads -2640 units Materials - 2640 units and Labour and Overheads -2560 units Materials - 3560 units and Labour and Overheads -3640 units 2

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Input 3800 units; Output 3000 units; Closing work-in-progress- 800 units Particulars Degree of Completion Process Costs (OMR) Materials 80% 7280 Labour 70% 10680 Overheads 70% 7120 A. Equivalent...

Input - 7600 units; Output - 6000 units; Closing work-in-progress- 1600 units Particulars Process Costs Degree of Completion (OMR) Materials 80% 14560 Labour 70% 21360 Overheads 70% 14240 A....

Elements of cost Cost (Rs.) Cost per completed unit Materials Labour 7280 10680 7120 Equivalent Production (units) 3640 3560 3560 2.00 3.00 2.00 Overheads 25080 7.00 Statement of Evaluation 21000...

For (Iron and Steal company ) I need to answer the following question. (Please I need different values not the same values with the previous answer because I post the same question for another...

Please assist me: Provide answers as well as explanation Q.49. Most suitable basis for apportioning insurance of machine would be: (a) Floor Area (b) Value of Machines (c) No. of Workers (d) No. of...

Tonga Ltd manufactures a single product whose cost structure is given below: Sh Sh Direct materials: Material A (2 kg @ Sh 25 per kg) 50 Material B (3 litres @ Sh 75 per litre) 225 275 Direct labour...

Elements of cost Cost (Rs.) Equivalent Production (units) 3640 Cost per completed unit 7280 Materials Labour Overheads 10680 7120 3560 3560 2.00 3.00 2.00 25080 7.00 Statement of Evaluation 21000...

HI I need help to with my assessment. Anyone can help me? T-1.8.1 Details of Assessment Term and Year T2 2017 Time allowed Week 2, 3, 4, 5, 6, 7, 8 Assessment No 1 Assessment Weighting 60% Assessment...

3. The position of a particle of mass M is given by the following equations: X= A + Bt -Ct2; Y = D + Et -F cos(Gt); Z = H+ Fsin(Gt) where A, B, C, D, E, F, G, and H are all constants. a) Find the...

What direct materials are used to make this product? In general, what has happened to the cost of these materials over the past year?

D - A $ 1 0 , 0 0 0 face value municipal bond pays $ 1 0 0 0 6 2 interest at the end of every year. If there are 1 2 more years of payments, at what price today would the bond yield 1 8 % over the...

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

How can enumerating the questions in a request help both the person who writes the message and the person who responds to it? (Objective 4)

Claims and condolences concern negative or unpleasant circumstances. Why are they written using the direct plan? (Objectives 4 and 5)

If a writer presents the best news (main idea) in the opening paragraph of a message, why should the receiver read the rest? (Objective 1)