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7:461 ill 4G The following are the data extracted from the cost records to the Al-Wafa Wa Al-Amal Industrial Facility for the period ending 3/31/2021.
7:461 ill 4G The following are the data extracted from the cost records to the Al-Wafa Wa Al-Amal Industrial Facility for the period ending 3/31/2021. The period is a quarter of a year First question 1- The number of units remaining at the end of December 2020, 5,000 units, unit cost 80 riyals The second question 2- The number of units produced during the period is 20,000 units, the number of units sold is 19000 units, and the unit selling price is 150 riyals The third question 3- The unit cost was as follows: Direct materials 20 riyals, direct wages, 15 direct services, 5 riyals Fourth question 4- The salaries of production supervisors amounted to 100,000 riyals, and the cost of oils, fuel and the machine was 20,000 riyals, and other indirect services were 16,000 riyals. Fifth question 5- The cost of production stock in process amounted to 30,000. in the beginning of the period and in the end of the period 20,000 Question Six 6- The unit marketing cost amounted to 15 riyals, and the total administrative and financing costs amounted to 50,000 riyals Send a chat Question 7 - The establishment's right to gain from the sale of depreciated old machinery in the amount of 70,000 riyals, as happened during the period of fire, except for losses estimated at 20,000 riyals Required: Preparing the list of costs and the income statement for the period ending on 3/31/2021 PV:-V
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