1. Material purchased on account Rs. 135,000
2. Material requisitioned and Factory Labour used

Material Factory Labour

Job No. 201 Rs. 15,000 Rs. 18,000

Job No. 202 Rs. 10,000 Rs. 12,000

Job No. 203 Rs. 22,800 Rs. 15,000

Job No. 204 Rs. 15,200 Rs. 12,000

For general factory use Rs. 5,000 Rs. 8,000

3. Factory overhead cost incurred on account Rs. 40,800
4. Depreciation of Machinery Rs. 10,000
5. The Factory overhead rate is 120 % of direct labour cost.
6. Job completed: No. 201, 202 & 203.
7. Job No. 201 and 203 were shipped and customers were billed for Rs. 104,000 & Rs. 105,000.

Required:

Calculate and Write in Provided Box

e) Profit of both Jobs Sold

f) Factory Overhead (Underapplied or Over applied) with Amount of