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Medical laboratories. Inc. produces an antibiotic product in its three producing departments. The following quantitative and cost data have been made available.
Blending
Testing
Terminal
Production data:
Started into production
8000 kg
5400kg
3200kg
Transferred to next dept
5400
3200
Transferred to finished good storeroom
2100
In process (100%materials, 1/3labour and Overhead)
2400
1800
In process (100%materials,2/3 labour and Overhead)
900
Cost charged to departments:
Materials
Rs 20,670
Rs 7,980
Rs 14,400
Labour
Rs 11,160
Rs 5,016
Rs 11,520
Factory overhead
Rs 5,580
Rs2,280
Rs 5,040
Total
Rs 37,410
Rs 15,276
Rs, 30,960
Lost units are normal and apply to allproduction.
Required:
1. A quantity schedule for each of the three departments.
2. An equivalent production schedule for each of the three departments.
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