The Following data pertains its Dept A of ABC mfg Co. for the Month of Jan 2005 your are required to prepare Cost of Production Report

Units Put in to production 50,000 Cost Incurred;

Direct Material Rs 250,000

Direct Labour Rs 100,000

FOH Rs 150,000

Units Completed & Transfer 44,000 Units

WIP Closing 100% material Complete & 40% of 4,000 Units Conversion Cost

Normal Loss is estimated 2% of goods input.