Question No 1

AJK pharma produces an anti-biotic product in its three departments, the following cost data is available

Production Data

Started into Production Transferred to Next Department

In Process ( 100 Material, 33 % Labor) In Process ( 100 Material, 67 % Labor) Cost Charged To department

Material

Labor

FOH

Total

Required (15 Marks)

Blending 8000 Kg

5400 KG 2400 Kg

20670 11160 5580 37410

DEPRATMENT Testing 5400 Kg

3200 Kg 1800 Kg

7980 5016 2280 15276

Terminal 3200 Kg

2100 Kg

900 Kg

14400 11520 5040 30960

a. A quantity Schedule of Each Department

b. An Equivalent Production schedule for each of the three departments

c. The Unit cost of factory overhead in Blending Department

1

Question No 1 AJK pharma produces an anti-biotic product in its three departments, the following cost data is available DEPRATMENT Production Data Blending Testing Terminal Started into 8000 kg 5400 Kg 3200 Kg Production Transferred to Next 5400 KG 2100 Kg Department 3200 Kg In Process ( 100 2400 Kg 1800 Kg Material, 33 % Labor) In Process ( 100 900 Kg Material, 67% Labor) Cost Charged To department Material 20670 7980 14400 Labor 11160 5016 11520 FOH 5580 2280 5040 Total 37410 15276 30960 Required (15 Marks) a. A quantity Schedule of Each Department b. An Equivalent Production schedule for each of the three departments c. The Unit cost of factory overhead in Blending Department