The batch passes through three departments: X, Y, and Z. The costs incurred for the batch are as follows:

 

After the batch is complete, 600 kgs. of raw materials issued to department X are found to be surplus and returned to the storehouse.

You are required to prepare a batch cost sheet for an engineering company showing the cost of Batch No. 8801, which contains 1,000 units.

 

Transcribed Image Text:

Direct Material Issued: Dept. X Dept. Y Dept. Z Direct Wages: Dept. X Dept. Y Dept. Z Factory Overhead: Dept. X Dept. Y Dept. Z 5,400 kgs. @ $10 per kg. 600 kgs @ $8 per kg. 500 kgs @ $20 per kg. 1,000 hours @ $2 per hour 200 hours @ $2.50 per hour 1,000 hours @ $1.5 per hour 150% on Direct Wages @ $10 per labor hour 66 2/3 % on Direct Wages Direct Material Issued: Dept. X Dept. Y Dept. Z Direct Wages: Dept. X Dept. Y Dept. Z Factory Overhead: Dept. X Dept. Y Dept. Z 5,400 kgs. @ $10 per kg. 600 kgs @ $8 per kg. 500 kgs @ $20 per kg. 1,000 hours @ $2 per hour 200 hours @ $2.50 per hour 1,000 hours @ $1.5 per hour 150% on Direct Wages @ $10 per labor hour 66 2/3 % on Direct Wages

Answer rating: 100% (QA)

SOLUTION To prepare the batch cost sheet for Batch No 8801 we will calculate the costs incurred in e... View the full answer