. This question paper contains two pages and three questions.

2. This is closed book examination with question

no option of open notes. f r o m

i.e.
.
Attempt all questions. Answer questions as per the order they appear P p e a r

T to question 3. Following any other order may invitepenalties.

1. Following data pertains to Process A for January 1993

Units
i. Opening Stock 3,200
Degree of completion
Material 70%
Labor & Overhead 60%
20,400
ii.
I1.
Transferred from previous process
Transferred to next process 18,400 . 32co yo0
, P

1V. Units scrapped 16,00

V. Normal loss is 10% of production
Vi Closing Stock 3,600
Degree of completion
Material 60%
Labor & Overhead 40%
Tond6

that work is done in the

It is to be presumed in the question
Prepare a statement
of production.
sequence:
a)First units in opening stock are completed
b) Newly introduced units are completed
c)Work is done on closing stock 12 Marks
2. One parcel containing two vital components was received by a factory and the invoice relating to the
same disclosed the following:

I Material: 500 kgs@ Rs 2 per kg 1,000.00

II Material: 600 kgs @ Rs 1.60 per kg 960.00
Insurance 39.20
Sales Tax
98.00
Freight etc.
55.00