URGENT..PLZ DO IT FAST..ANY ACCOUNT EXPERT.

Apportion the expenses of service department y according to direct wages and that of Xin the ratio of 5: 3:2 to the production departments (15 Marks) SECTION B Case Study Note: It is MANDATORY to attempt the Case study (1X20=20 Marks) Question Rubrics No 3. Raja Engineering Company furnish the following information for 10,000 units of a product manufactured during the year 2019: Preparation of cost sheet 10 marks Material 90,000 Direct wages 60,000 Power and consumable stores 12,000 Indirect wages 15,000 Factory lighting 5,500 Cost of rectification of defective work 3,000 Clerical salary and management expenses 33,500 Selling expenses 5,500 Sale proceeds of scrap Repairs, maintenance and depreciation of plant 11,500 The net selling price was Rs.31.60 per unit sold and all units were sold. Preparation of estimated cost sheet 10 marks 2,000 As from 1/1/2020 the selling price was reduced to Rs 31 per unit. It was estimated that production could be increased in 2020 by 50% due to spare capacity. Rates of materials and direct wages will be increase by 10%. You are required to prepare: a) Cost sheet for the year 2019 showing various elements of cost per unit and b) Estimated cost and profit for the year 2020. Assuming that 15,000 units will be produced and sold during the year and factory overheads will be recovered as a percentage of direct wages and office and selling overheads as a percentage of works costs. (20 Marks) 8