Kamran Company produces various types of fertilizer. No beginning units in process or finished units were on hand on January 1, 2015, 30,000 finished units were on hand on December 31, 2015 and 95,000 units were sold during the year. There were no units in work in process inventory on December 31, 2015. The material put into production cost Rs. 300,000. 75% were direct material. There was no beginning or ending material inventory. Labor costs were Rs. 350,000, 40% was for indirect labor. Factory overhead costs, other than indirect materials and indirect labors were the following:
Heat, light and power Rs. 115,000
Depreciation 78,000
Factory Taxes 65,000
Repairs and Maintenance 42,000
Selling Expenses were Rs. 80,000 general and administrative expenses were Rs. 50,000.
Calculate Cost of Goods Manufactured.
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 11:00, idontknow1993
Zoe would like to be able to save for night courses at the local college. which of these would be a good way for zoe to make more money available for savings without dramatically changing her budget? economía
Answers: 2
Business, 22.06.2019 11:00, szinx
Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
Answers: 3
Business, 22.06.2019 11:10, AM28
Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy. b. this is a negative response strategy. c. this is a response strategy for either positive or negative risk known as contingency planning. d. this is a response strategy for either positive or negative risks known as passive acceptance.
Answers: 2
You know the right answer?
Kamran Company produces various types of fertilizer. No beginning units in process or finished units...
Questions in other subjects:
Biology, 04.09.2019 19:30
