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2 Musa manufacturers Provides you she falloung data for the month of June 2009. Inventories: Materials Work in process - Materials Work in process.. Labour

2 Musa manufacturers Provides you she falloung data for the month of June 2009.

Inventories:

Materials

Work in process - Materials Work in process.. Labour Work in process - -Factory overhead

-------

Rs.

Rs.

Rs.

Finished goods

June 1

18,000

16,000

8,000

9.000

22,500

149

June 30

-22.

Rs.

20,000

Rs.

18,000

Rs.

10,400

Rs.

...a

8,000

-..

Rs.

27,500

Manufacturing costs for the month are as follow:

Direct materials used

- -

Direct labour:

Assembling department @ Rs. 12.00 per hour

Finishing department @ Rs. 15 per hour

Factory overhead is applied according to following rates:

Assembling department @, Rs.10.00 per direct labour hour

Finishing department @ Rs.9.00 per direct labour hour

Rs.

86,000

20.400

30,000

Required:

(a) Prepare a cost of goods manufactured and sold statement for the month.

(b) Calculate unit cost of materials, labour and factory overhead for the production of June assuming that 12,000 units were produced during the month.

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