{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-10T01:52:49-04:00", "answer_date": "2024-06-10 01:52:49", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2553424", "url": "\/study-help\/questions\/def-ltd-has-the-following-details-for-the-quarter-ending-2553424", "question_creation_date_js": "2024-06-10T01:52:49-04:00", "question_creation_date": "Jun 10, 2024 01:52 AM", "meta_title": "[Solved] DEF Ltd. has the following details for th | SolutionInn", "meta_description": "Answer of - DEF Ltd. has the following details for the quarter ending 31st March 2024: Particulars Amount () Raw Material Purchase | SolutionInn", "meta_keywords": "def,ltd,details,quarter,ending,31st,march,2024,particulars,amount,raw,material", "question_title_h1": "DEF Ltd. has the following details for the quarter ending 31st March 2024: Particulars Amount () Raw Material Purchased 4,00,000 Direct Labour 3,00,000 Manufacturing Overheads", "question_title": "DEF Ltd. has the following details for the quarter ending 31st March", "question_title_for_js_snippet": "DEF Ltd has the following details for the quarter ending 31st March 2024 Particulars Amount () Raw Material Purchased 4,00,000 Direct Labour 3,00,000 Manufacturing Overheads 2,00,000 Opening Work in Progress 1,50,000 Closing Work in Progress 2,00,000 PREPARE the manufacturing account COMPUTE the cost of production ANALYZE the effect on cost of production if manufacturing overheads increase by 15 EVALUATE the impact of reducing direct labour cost by 5 DISCUSS the significance of controlling manufacturing overheads on overall production cost ", "question_description": "

DEF Ltd. has the following details for the quarter ending 31st March 2024:<\/p>

Particulars<\/strong><\/p><\/td>

Amount (\u20b9)<\/strong><\/p><\/td><\/tr><\/thead>

Raw Material Purchased<\/p><\/td>

4,00,000<\/p><\/td><\/tr>

Direct Labour<\/p><\/td>

3,00,000<\/p><\/td><\/tr>

Manufacturing Overheads<\/p><\/td>

2,00,000<\/p><\/td><\/tr>

Opening Work-in-Progress<\/p><\/td>

1,50,000<\/p><\/td><\/tr>

Closing Work-in-Progress<\/p><\/td>

2,00,000<\/p><\/td><\/tr><\/tbody><\/table>

  1. PREPARE the manufacturing account.<\/li>
  2. COMPUTE the cost of production.<\/li>
  3. ANALYZE the effect on cost of production if manufacturing overheads increase by 15%.<\/li>
  4. EVALUATE the impact of reducing direct labour cost by 5%.<\/li>
  5. DISCUSS the significance of controlling manufacturing overheads on overall production cost.<\/li><\/ol>

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