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MCM301 - Communication skills

Question(s) similar to the following:

Following information of Ahmad & Company is given for the year ended 2007.
Particulars Units Cost(Rs.)
Sales during the year 8,000 80,000
Opening Inventories
Work in process
Finished goods 1,800 13,500
Closing Inventories
Work in process 100 4,500
Finished goods 2,000 15,000
Manufacturing Cost
Direct Material 30,000
Direct Labor 20,000
Factory Overhead 16,000
Required:
  1. Conversion Cost
  2. Total Factory Cost
  3. Cost of Goods Manufactured
  4. Cost of Good Sold statement

Question 1: Following information of Ahmad & Company is given for the year ended 2007.
Particulars Units Cost(Rs.)
Sales during the year 8,000 80,000
Opening Inventories
Work in process
Finished goods 1,800 13,500
Closing Inventories
Work in process 100 4,500
Finished goods 2,000 15,000
Manufacturing Cost
Direct Material 30,000
Direct Labor 20,000
Factory Overhead 16,000
Required:
  1. Conversion Cost
  2. Total Factory Cost
  3. Cost of Goods Manufactured
  4. Cost of Good Sold statement

Answer: Suggest Edit

Provide solution with reference to earn 1000 credits

Similar Questions:

Question 2: Following information of Ahmad & Company is given for the year ended 2007.
Particulars Units Cost(Rs.)
Sales during the year 8,000 80,000
Opening Inventories
Work in process
Finished goods 1,800 13,500
Closing Inventories
Work in process 100 4,500
Finished goods 2,000 15,000
Manufacturing Cost
Direct Material 30,000
Direct Labor 20,000
Factory Overhead 16,000
Required:
  1. Conversion Cost
  2. Total Factory Cost
  3. Cost of Goods Manufactured
  4. Cost of Good Sold statement

Answer: Suggest Edit

Provide solution with reference to earn 1000 credits
Past Papers of MCM301 - Communication skills
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