Q No.3

Information given to Goods in process in the Z DEPARTMENT of Aramco company.

Material cost 75,000

Labor cost 53,700

Overhead cost 35,800

Production information:

Units put into process during the month------------------------------------------20,000

Units completed and transferred to Holder department-----------------------16,000

Units in process August 31( 75% complete as to Material and 60%

complete as to labor and overhead)-----------------------------------------------4000

Instruction: Prepare Cost of Production Report for the month of August