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please give solution with explanation. Question-5 The information below relate to a production operated by NOORA CORFORATIOM dering the meMth sf October 1993: Units in
please give solution with explanation.
Question-5 The information below relate to a production operated by NOORA CORFORATIOM dering the meMth sf October 1993: Units in process October 1,1993 (90% complete as to material and 70% complete as to conversion costs), Cost of units in process October 1,199 Units placed in process during October Cost of Material placed in production Direct Labour cost incurred Factory ovcrhead incurred on account UnitsRs.UnitsRs.Rs.Rs.3,00025,00020,00097,50057,90070,000 Units in process October 31, 1993 ( 80% complete as to material and 60% complete as to conversion) Units 4,000 REQUMRED 1) Compute Equivalent full units completed of Material and Conversion costs. 2) Compute unit cost of Materials, Labour and Factory overhead. 3) Determine cost of transferred units in finished goods inventory (U/s Question-5 The information below relate to a production operated by NOORA CORFORATIOM dering the meMth sf October 1993: Units in process October 1,1993 (90% complete as to material and 70% complete as to conversion costs), Cost of units in process October 1,199 Units placed in process during October Cost of Material placed in production Direct Labour cost incurred Factory ovcrhead incurred on account UnitsRs.UnitsRs.Rs.Rs.3,00025,00020,00097,50057,90070,000 Units in process October 31, 1993 ( 80% complete as to material and 60% complete as to conversion) Units 4,000 REQUMRED 1) Compute Equivalent full units completed of Material and Conversion costs. 2) Compute unit cost of Materials, Labour and Factory overhead. 3) Determine cost of transferred units in finished goods inventory (U/sStep by Step Solution
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