Q 2)

Nizar Corporation had only one job in process on June 1, the job had been charged with Rs.3,400 of direct materials, Rs.4,640 of direct labor, and Rs.9,200 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of Rs.23.00 per direct labor-hour. During June, the following activity was recorded:

Raw materials (all direct materials):
Beginning balance	8,500
Purchased during the month	42,000
Used in production	49,500
Labor:
Direct labor-hours worked during the month	2,250
Direct labor cost incurred	27,520
Actual manufacturing overhead costs incurred	52,800
Inventories:
Raw materials, June 30	?
Work in process, June 30	34,190

Work in process inventory on June 30 contains Rs.7,940 of direct labor cost.

Calculate amount of Cost of Goods Manufactured for the month of June?

Q 3)

Irfan Inc, instituted a new process in October, during which it started 10,000 units in Department H. Out of 10,000 units, 1,000 units, a normal number, were lost during the process: 7,000 were transferred to Department B: and 2,000 remained in work in process inventory at the end of the month, 100% complete as to materials and 50% complete as to conversion cost. Materials and conversion cost of Rs. 27,000 and Rs. 40,000, respectively, were charged to the department in October.

The cost of work in process inventory at the end of month: