Question
Particulars Amount Material on 31 st December 2019 70,000$ Wages paid to production workers 30,000$ Factory Insurance 1000$ Office rent 20,000$ Management Expenses 2500$ Bank
Particulars
Amount
Material on 31st December 2019
70,000$
Wages paid to production workers
30,000$
Factory Insurance
1000$
Office rent
20,000$
Management Expenses
2500$
Bank charges and Commission
500$
Salesman commission
1500$
Warehouse Staff salaries
3500$
Factory Lighting
2800$
Work-In-Progress on 1 Janurary 2020
50,000$
Raw material on 31st December 2020
30,000
Carriage Outwards
700$
Material Purchased
100,000$
Cost of research
80,000$
Debt Collection Charges
6000$
Office Salaries
30000$
Finished goods on 31 December 2019
90,000$
Work-In-Progress on 31st December 2020
20,000$
Finished Goods on 31 st December 2020
30,000$
Carriage Inward
6700$
Delivery Van Fuel
9000$
Supervisors Salary
40,000$
Global manufacturers produce 200,000 units of Pipe equipment and sell them at 200$ each. As a Supply chain analyst, it has asked you to analyse their expenses and give a detail description about various expenses. Below mentioned is the detail of various expenses:
Particulars | Amount |
Material on 31st December 2019 | 70,000$ |
Wages paid to production workers | 30,000$ |
Factory Insurance | 1000$ |
Office rent | 20,000$ |
Management Expenses | 2500$ |
Bank charges and Commission | 500$ |
Salesman commission | 1500$ |
Warehouse Staff salaries | 3500$ |
Factory Lighting | 2800$ |
Work-In-Progress on 1 Janurary 2020 | 50,000$ |
Raw material on 31st December 2020 | 30,000 |
Carriage Outwards | 700$ |
Material Purchased | 100,000$ |
Cost of research | 80,000$ |
Debt Collection Charges | 6000$ |
Office Salaries | 30000$ |
Finished goods on 31 December 2019 | 90,000$ |
Work-In-Progress on 31st December 2020 | 20,000$ |
Finished Goods on 31 st December 2020 | 30,000$ |
Carriage Inward | 6700$ |
Delivery Van Fuel | 9000$ |
Supervisors Salary | 40,000$ |
Global manufacturers produce 200,000 units of Pipe equipment and sell them at 200$ each. As a Supply chain analyst, it has asked you to analyse their expenses and give a detail description about various expenses. Below mentioned is the detail of various expenses:
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Financial And Managerial Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., M. Suzanne Oliver
1st Edition
0558241050, 978-0558241056
