Question: kindly explain your answer as well. EXERCISE FOR PRA CTICE Question-1 The followine in the condensed information from the records of Quality Sicel Mills, Karachi
kindly explain your answer as well.
EXERCISE FOR PRA CTICE Question-1 The followine in the condensed information from the records of Quality Sicel Mills, Karachi for the math af Noventier 1983. Company completed 11.000 units in November 1983 . There are 500 units in prucess at the end af the month in the following stage of completion: Material Processing (Labour and Factory Overhead) 256 REQUIRED 2) Compute Equivalent Production Units assuming FIFO method of inventory. b) Compute the unit cost for November 1983 t) Compute the cost of the units transferred to warehquse sssuming FIFO method d) Compute ending inventory of goods in process. EXERCISE FOR PRA CTICE Question-1 The followine in the condensed information from the records of Quality Sicel Mills, Karachi for the math af Noventier 1983. Company completed 11.000 units in November 1983 . There are 500 units in prucess at the end af the month in the following stage of completion: Material Processing (Labour and Factory Overhead) 256 REQUIRED 2) Compute Equivalent Production Units assuming FIFO method of inventory. b) Compute the unit cost for November 1983 t) Compute the cost of the units transferred to warehquse sssuming FIFO method d) Compute ending inventory of goods in process
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