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A manufacturing company uses process costing. The costs incurred in department B during the month of July were: - Direct Material cost Rs.32,724 Direct Labor

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A manufacturing company uses process costing. The costs incurred in department B during the month of July were: - Direct Material cost Rs.32,724 Direct Labor cost Rs. 15,552 Factory overheads Rs.12,312 The quantity schedule shows that 5,500 units were received from department A at a total cost of Rs.22,000. During the month, 4,000 units were completed and transferred out to next department. 5000 units were completed but in hand, 500 units were lost during processing. The remaining units were in process at the end of the month. The degree of completion of the in-process units was as follows:- 50% of the units were 50% completed 20% of the units were 60% completed 10% of the units were 80% completed Remaining of the units were 40% completed Required: Prepare a cost of production report for the department 2 for the month of July 2021 General Instruction 1. Last date for the submission of the assignment and open book question is July 9, 2021 2. It should be handwritten and combined in one pdf both open book question and assignment. 3. Name of the file should your 5001_Name_BBA (A) 4. Assignment should be submitted to CR/GR and they will check the file and then forward to me

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