April, 2012 as follows: Particulars Material control Ale Work-in-progress A/c Finished Goods A/c Production Overheads A/c Administration Overheads A/c Selling and Distribution Overheads A/c General Ledger Control A/c the costing records, with the balances as on ing are the transactions for the year ended 31 March 2017 1,24,000 62,500 1,24,000 8,400 6.250 3,25,150 12.000 3.13.150 3,25,150
April, 2012 as follows: Particulars Material control Ale Work-in-progress A/c Finished Goods A/c Production Overheads A/c Administration Overheads A/c Selling and Distribution Overheads A/c General Ledger Control A/c the costing records, with the balances as on ing are the transactions for the year ended 31 March 2017 1,24,000 62,500 1,24,000 8,400 6.250 3,25,150 12.000 3.13.150 3,25,150
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Question 3: A manufacturing Co. Ltd. opens the costing records, with the balances as on 1
April, 2012 as follows:
Particulars
Material control Ale
Won-in-progress A/c
Finished Goods A/c
Production Overheads A/c
Administration Overheads A/c
Selling and Distribution Overheads A/c
General Ledger Control A/c
The following are the transactions for the year ended 31 March, 2012
Materials Purchased
Materials Issued to Jobs
Materials to Works Maintenance
Materials to Administrative Office
Materials to Selling Department
Wages Direct
Wages Indirect
Transportation for incoming Materials
Production Overheads
Absorbed Overheads Production
Administrative Overheads
Allocated to Production
Allocated to Sales
Sales Overheads
Sales Overheads Absorbed
Finished Goods Produced
Finished Goods Sold
Sales Realisation
1,24,000
62.500
1.24,000
8400
6.250
3,25,150
12.000
3.13.150
3,25,150
4.80.100
4,77 400
41,200
3.400
7,200
1.49.300
65,000
8,400
2.42.250
3.59.100
74.000
52.900
14,800
64.200
82.000
9.58.400
9.77,300
14.43.000
Required: Make up the various accounts as you envisage in the Cost Ledger and prepare a Trial Balances
as at 31 March, 2012:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fffb799c1-d073-4e14-b317-6b5325e55d46%2Ff7450ebd-b0ae-42d3-8a68-9cbe90d2d51b%2Fiz8w29_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 3: A manufacturing Co. Ltd. opens the costing records, with the balances as on 1
April, 2012 as follows:
Particulars
Material control Ale
Won-in-progress A/c
Finished Goods A/c
Production Overheads A/c
Administration Overheads A/c
Selling and Distribution Overheads A/c
General Ledger Control A/c
The following are the transactions for the year ended 31 March, 2012
Materials Purchased
Materials Issued to Jobs
Materials to Works Maintenance
Materials to Administrative Office
Materials to Selling Department
Wages Direct
Wages Indirect
Transportation for incoming Materials
Production Overheads
Absorbed Overheads Production
Administrative Overheads
Allocated to Production
Allocated to Sales
Sales Overheads
Sales Overheads Absorbed
Finished Goods Produced
Finished Goods Sold
Sales Realisation
1,24,000
62.500
1.24,000
8400
6.250
3,25,150
12.000
3.13.150
3,25,150
4.80.100
4,77 400
41,200
3.400
7,200
1.49.300
65,000
8,400
2.42.250
3.59.100
74.000
52.900
14,800
64.200
82.000
9.58.400
9.77,300
14.43.000
Required: Make up the various accounts as you envisage in the Cost Ledger and prepare a Trial Balances
as at 31 March, 2012:
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