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3) Total of the company Profit (Loss) on Jaly 31, 2016 Problem (2) (4 marks) The following information pertains (related) to Sharjah C Discerption Total

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3) Total of the company Profit (Loss) on Jaly 31, 2016 Problem (2) (4 marks) The following information pertains (related) to Sharjah C Discerption Total Value (or Units) costs 0 unit 39,800 units are sold during the year for $100 per unit Required: a) What is the average manufacturing cost per unit? b) What is the total of ending manufacturing cost? c) What is the amount of gross margin? Answer Problem (3) The following information of process costing control account is related to Sharjah Industrial Company (producing computers) for the year 2014. Materials used for manufacturing 2500 klogram (at cost of AED 2500) to produce computers, expected units completed are 2200 computers, and actual completed units are 2300. The Scrap value of 3 marks) losses during the process is AED 0.60 per Kilo. Required . Calculate the cost per unit for each computer 2. Calculate the cost and value of normal loss using the scrap value. 3. Calculate the value of units transferring to the next process. Answer CPU N. Loss value- Value of units transferred

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