Reference no: EM132549086
For December 2018, the Production Control Department of Alico Pvt. Ltd. reported the following production data for Department 2:
Transferred in from Department 1........................................................ 60,000 litres
Transferred out to Department 3.......................................................... 40,000 litres
In process at end of December (with 1/2 labor and factory overhead).............................................................'....................................... 10,000 litres
All materials were put into process in Department 1. Lost units are considered as normal.
The Cost Department collected these figures for Department 2:
Rs.
Cost transferred in from Department 1 .......................................... 100,000/-
Labor cost in Department 2................................................................... 67,500/-
Applied factory overhead ..................................................................... 112,500/-
Required:
Question a. A cost of production report for Department 2 for December 2018.Show all working clearly.
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