What would be cost sheet showing the cost per unit

Assignment Help Cost Accounting
Reference no: EM132561036

The following data relate to the manufacture of a standard product during a four week period ending June 30, 2013:

                                                                   Units                     Hours

                                                                     Rs                              Rs

Raw materials consumed                      4,000

Wages                                              6,000

Machine hours worked                          1,000

Machine hour rate                                                                 0.50

Office overhead @ 20% on works cost

Selling overhead per unit                                                         0.06

Units produced                                       20,000

Units sold (at Re 1 per unit )                        18,000

Question 1: What would be cost sheet showing the cost per unit and profit for the period.

Reference no: EM132561036

Questions Cloud

What are the main presenting problems for the vargas family : What are the two main presenting problems for the Vargas family? What interventions would you plan to use in your next session?
Discuss the central and peripheral theories of fatigue : Discuss the central and peripheral theories of fatigue and what may be occuring at these sites
Calculate the fixed overhead volume and expense variances : Calculate the Fixed Overhead Volume and Expense Variances, Variance Overheads Efficiency and Expense Variances, Direct Labour Efficiency and Rate Variances
How do you think you would handle the final moments : If you did experience this event, how do you think you would handle the final moments? In what ways can traumatic events be opportunities for growth?
What would be cost sheet showing the cost per unit : What would be cost sheet showing the cost per unit and profit for the period. The data relate to the manufacture of a standard product
Benchmark-science unit plan : Review the "Benchmark - Science Unit Plan" and share the theme that you are going to use for the unit plan.
Describe effect of intimate relationships on wellbeing : Create a brochure in which you communicate the following to engaged couples: The effect of intimate relationships on wellbeing.
Explain why would be best to use abc costing : What is an example of a situation where activity-based costing could be used effectively? Explain why it would be best to use ABC costing?
The academy of nutrition and dietetics : The Academy of Nutrition and Dietetics and the American Society for Parenteral and Enteral Nutrition developed a set of criteria for diagnosing malnutrition.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Determine the overhead rate for each activity

Determine the overhead rate for each activity and assign the manufacturing overhead costs for April to the two products using activity based costing.

  What types of information does davis need to analyze

Layton Davis oversees projects for Pace Construction Company. What types of information does Davis need to analyze before he can respond to this report?

  Briefly discuss the protection

Briefly discuss the protection that copyright and trademarks can provide for computer games software.

  Discuss two to three actions an administrator should review

Discuss two to three actions an administrator should review consistently to alleviate over budgeting for operating and maintenance costs of a capital project.

  Definitions of normal capacity vs practical capacity

Definitions of normal capacity vs. practical capacity and why one of these is better for calculating costs (that will influence pricing decisions)

  Calculate helenes basis in the land

Helene and Pauline are twin sisters who live in Louisiana and Mississippi, respectively, Helene is married to Frank, and Pauline is married to Richard. Frank and Richard are killed in an auto accident in 2013 while returning from a sporting event.

  Using the information in the t-accounts classified balance

The Prepaid Expense account includes a two-year insurance policy purchased on January1, 2015 for $12,000. Claudia has been properly recognizing insurance expense eachmonth (up through August).

  What is mcdonald contribution margin and ratio

What is McDonald contribution margin and what is McDonald's contribution margin ratio

  Prepare a master budget and all supporting budgets

Prepare a master budget and all supporting budgets - discussions by line managers, for the purposes of preparing a master budget for Year 6.

  Components of full costs

Compute product costs per unit and period costs for the period - Components of Full Costs

  Statement of cash flows

As an operating tool, cash flow statement gives information about cash generated from operating activities and explanations for the difference between cash from operations and net profit.

  Adjustments and financial statements

Why do you think the loan officer suspected that the accounts had not been adjusted prior to the preparation of the statements and indicate possible accounts that might need to be adjusted before an accurate set of financial statements could be pre..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd