Factory expenses 80% of direct wages

Opening stock of work in progress = Rs 15,000

MOD I COST
Closing stock SHEET of work...
3. Calculate cost of production from the
ricals.docx
in progress = Rs 21,000

Raw material purchased = Rs

following information:-
Freight paid = Rs 5,000
42,500 Labour charges = Rs
Files Direct expenses = Rs
12,500
Factory overhead 80% of Direct
10,000
Administrative overhead = 10% of
labour chargesOpening stock Closing
1.Calculateprimecostfromthefollowinginformation:-
work
Raw material
Openingstockofrawmaterial=Rs.12,500
cost 8,000 10,000
Purchasedrawmaterial=Rs.75,000
Work in stock
progress 7,500 9,000
Expensesincurredonrawmaterial=Rs.5,000

Closingstockofrawmaterial=Rs.22,500
4. . Prepare cost sheet from the following particular in
WagesRs.47,600DirectexpensesRs.23,400

2.Calculateworkscostorfactorycostfromthefollowingdetails:-
M.
the book of B. =Rs50,000
Rawmaterialconsumed
Directwages =R$20,000
Rehman
Directexpenses =Rs10,000
Factoryexpenses80%ofdirectwages
Openingstockofworkinprogress=R$15,000
Closingstockofworkinprogress=Rs21,000
3.Calculatecostofproductionfromthefollowinginformation:-

Page 2 of
COST SH 9
... ls.docx COST SH ... MA.docx
AGBS
- HYD= Rs.
Raw material purchased
Paid freight charges = Rs
1, 20,000
Wages paid to laborers =
10,000
Directly chargeable expenses =
Rs 35,000
Factory on cost = 20% of prime
Rs 25,000
General and administrative expenses = 4%
cost
Selling and distribution expenses = 5% of
of factory cost
Profit 20% on
production costOpening stock Closing
sales
Raw material 15,000 20,000
stock
Work in progress 17,500 24,000
Finished goods 20,000 27,500
costing.pptm
5. Prepare cost sheet in the book of M. B. Rehman
particulars.
from the following
Opening stock: - Raw material = Rs
5,000 Finished goods = Rs
Closing stock: - Raw material = Rs
4,000
4,000 Finished goods = Rs
Raw material purchased = Rs 50,000
5,000
Wages paid to laboures = Rs 20,000
Chargeable expenses = Rs
Page 2 / 9
Rent and Taxes = Rs 7,400
2,000
Power = Rs 3,000