Job Order Costing (5% Grade)

The following information has been taken from the job order cost system, used by SALEEM CORPORATION:

Job No.	Balance March 1	Production Cost in March
15	Rs. 150,000	---
16	170,000	---
17	50,000	Rs. 130,000
18	70,000	150,000
19	----	240,000
20	----	150,000
21	----	90,000

During March Job No. 17, 18 & 19 were completed, and job No. 15, 16 and 17 were sold on account at 40% above cost.

REQUIRED:

i) Cost of finished goods inventory beginning

ii) Cost of goods in process inventory beginning

iii) Cost of finished goods inventory ending

iv) Cost of goods in process inventory ending

v) Cost of goods manufactured

vi) Cost of Goods sold

vii) Sales