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Information given to Goods in process in the B DEPARTMENT of Shell company. Beginning Inventory Material cost Labor cost Overhead cost Rs. 325,000 865,400 600,000
Information given to Goods in process in the B DEPARTMENT of Shell company. Beginning Inventory Material cost Labor cost Overhead cost Rs. 325,000 865,400 600,000 500.000 Production information: 125000 Units in process March 1, (20% complete as to Material and 35% complete as to Labour and overhead) Units put into process during the month--- Units completed and transferred to Holder department --- Units in process March 31(25% complete as to Material and 30% complete as to labor and overhead)---- 320,000 -375,000 --70.000 Instruction: Prepare Cost of Production Report for the month of March
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