ABC Ltd. produces a mechanical component in a single process. In the month of May there was an opening WiP of 400 units comprising of material cost of Rs. 20,000 and conversion cost of of Rs. 30,000. Dunng the month another 600 units were introduced. The material cost added in May was Rs. S0,000 and the conversion cost added was Rs. 62,000. The material is added at the beginning of the process and conversion costs are added uniformly. No units were lost in the process. The dlosing WIP for May was 200 units which were 606 complete

Q 19) The number of Equivalent completed units of closing WIP with respect to Material cost

are

2 Points

The value must be a number

20.The maternal cost per unit of finished product (obtained at end of process) is Rs.

3 Points)

be valbe must be a number

21. The conversion cost per unit of finished product (obtained at end of process) is Rs.

3 Points