1. From the
following particulars, prepare cost sheet for the production
of 5,000 units for the month of January 2002.
Rs. Rs.
Stock 1.1.2002 10,000
Lighting: Factory 450
Stock 31.12.2002 12,000
Office 750
Materials purchased 25,000 Managers
salary 3,500
Carriage inwards
500 Printing and stationery 1,000
Direct wages
1,500 Telephone charges 1,250
Direct expenses
700 General expenses
800
Factory rent
1,000 Bad debts 300
Office rent
2,000 Salesman’s commission 650
Deprn.:
Factory 1,200 Advertising 1,250
Office 600 Stock
on 1.1.2002
Repairs & maintenance WIP 2,000
Factory 900 Finished
goods 3,000
Office 600
Stock on 31.12.2002
Motive power
500 WIP
4,000
Indirect wages
300 Finished goods 5,000
2.
From the
details given below for 1,500 units prepare a cost sheet and estimate the cost
per unit for 5,000 units
Rs.
Materials purchased 50,000
Carriage inwards 2,000
Other purchase expenses 3,000
Direct labour 18,000
Direct expenses 15,000
Factory rent 2,500
Foreman’s salary 5,000
Gas, power 3,000
Other manufacturing expenses 1,700
Factory lighting 520
Printing and stationery 1,200
Postage and telegram 250
Rent, rates and taxes 500
General Manager’s salary 7,000
Carriage outwards 1,300
Bad debts 800
Advertising expenses 2,500
Salesman’s salary 6,000
Opening stock:
Rs.
Raw materials 7,000
W.I.P 3,000
Finished goods 5,000 15,000
Closing stock:
Raw materials 6,000
W.I.P 4,000
Finished goods 4,000 14,000
3.
From the
following details prepare a cost sheet for the production of 5,000 units for
the month of January 1998.
Rs
|
Rs
|
Stock on 1.1.’98 10,000
Stock on 31.12.’98 12,000
Materials purchased 25,000
Carriage inwards 500
Direct wages 1,500
Direct expenses 700
Factory rent 1,000
Office rent 2,000
Depreciation: Factory 1,200
Office 600
Repairs & maintenance:
Factory 900
Office 600
Motive power 500
|
Indirect wages 300
Lighting: Factory 450
Office 750
Manager’s salary 3,500
Printing and stationery 1,000
Telephone charges
1,250
General expenses 800
Bad debts 300
Salesman’s commission 650
Advertising 1,250
Stock on 1.1.’98 WIP
2,000
Finished goods 3,000
Stock on 31.12.’98 WIP 4,000
Finished goods 5,000
|
Charge 25% profit on sales.
