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  • Chapter No 4 - Process Costing

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    Love Islam
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    This document outlines the costs associated with different manufacturing processes. It includes the direct material, direct labor, and factory overhead costs for molding, firing, mixing, and baking steps to produce various finished goods. The costs are broken down by cost category and accumulated at each process step with the total manufacturing costs rolled up to determine the cost of goods sold and finished goods for each production run.

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    This document outlines the costs associated with different manufacturing processes. It includes the direct material, direct labor, and factory overhead costs for molding, firing, mixing, and baking steps to produce various finished goods. The costs are broken down by cost category and accumulated at each process step with the total manufacturing costs rolled up to determine the cost of goods sold and finished goods for each production run.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    8 views2 pages

    Chapter No 4 - Process Costing

    Uploaded by

    Love Islam
    This document outlines the costs associated with different manufacturing processes. It includes the direct material, direct labor, and factory overhead costs for molding, firing, mixing, and baking steps to produce various finished goods. The costs are broken down by cost category and accumulated at each process step with the total manufacturing costs rolled up to determine the cost of goods sold and finished goods for each production run.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    Chapter no 4 - Process Costing

    a. Molding 28000
    Firing 5000
    To Material 33000
    b. Molding 18000
    Firing 5000
    Payroll 23000
    c. Molding 24000
    Firing 37000

    FOH 61000

    d. Firing 67000
    Molding 67000
    e. FG 108,000
    Firing 108,000
    f. CGS 106000
    FG 106000

    4-10

    a- Mixing 330,000

    Material 330,000

    b- Baking 760000
    Mixing 760000
    c- Mixing 260,000
    Baking 120000
    Payroll 38000
    d- M+B 280,000
    FOH 280000
    e- FG 760000
    Baking 760000

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