homework
A company produces three products A, B and C for which the standard costs and quantities per
unit are as follows:
Products
A
B
C
Quantity produced
10,000
20,000
30,000
Direct material/p.u. (Rs.)
50
40
30
Direct labour/P.u. (Rs.)
30
40
50
Labour hours/P.u.
3
4
5
Machine hours/p.u.
4
4
7
No. of purchase requisitions
1,200
1,800
2,000
No. of set ups
240
260
300
Production overhead split by departments –Department 1 = 11,00,000
– Department 2 = 15,00,000
Department 1 is labour intensive and department 2 is machine intensive
Total labour hours in Department 1
= 1,83,333
Total machine hours in department 2 = 5,00,000
Production overhead split by activity
–receiving/inspecting
Rs. 14,00,000
– Production scheduling/machine set up Rs. 12,00,000
Rs. 26,00,000
No. of batches received/inspected = 5,000
No. of batches for scheduling and set up = 800
You are required to:
(i)
Prepare product cost statement under traditional absorption costing and Activity based
costing method
Why work with us?
Authenticity:
All of our papers are authentic, as each paper of ours is composed according to your unique requirements.
Confidentiality:
We value you data. Our company is extremely efficient in guarding the privacy of our clients.
100% Money Back Guarantee:
In the event you cancel your order, you get your money back as soon as possible, we give a 100% refund.
24/7 Support:
Our team members are available via email, live chat, and phone.
Revision Policy:
You can apply for a revision if you think your paper could be better. In this case, your paper will be revised either by the specialist assigned to you or by another writer.
How the Platform Works
- Click on 'Place Your Order' tab on the menu or click on 'Order Now' tab at the bottom and a new order page will appear
- Fill in your requirements depending on your needs under the 'PAPER DETAILS' area
- In the next section, fill in the academic level, required number of pages, paper deadline as provided in the drop-down menus.
- To enter your registration details, click on 'CREATE ACCOUNT & SIGN IN'. This step allows you to create an account with us for purposes of record-keeping. Click on 'PROCEED TO CHECK OUT' at the bottom of the page
- The next section requires you to fill in the payment details. Follow the guided process and soon your order will be available for our team to work on.
