Cost & Management Accounting

[coolboy]

The cost department of the Alpha Corporation prepared the following data and costs for the year 19----:


Inventories:

January 01
(Rs.) December 31
(Rs.)
Finished Goods 48,600 ?
Work in process 81,500 42,350
Materials 34,200 49,300


Depreciation ------factory equipment Rs. 21,350
Interest earned 6,300


Finished Goods Inventory:
January 1, 300 units;
December 420 units, all from current year's production

Sales during 19------:
3,880 units at Rs. 220 per unit.


Materials Purchased Rs. 364,000
Direct Labour 162,500
Indirect labour 83,400
Freight in 8,600
Miscellaneous factory overhead 47,900
Purchased discount 5,200


Required:
(1) The unit cost of the finished goods inventory, December 31
(2) The total cost of the finished goods inventory, December 31
(3) The cost of goods sold
(4) The gross profit total and the gross profit per unit

[factor-fiction]

What's the point of asking people to do your coursework for you?

[Markandshez]

You'll never make a Management Accountant - try Burger King

[Reverandfunk]

Do your own homework lazy boy lol