Nelective inuterial were retunied IG.20,000 Indirect labor cost incurred was Rs.75,000 Direct Jubor cost lucurred was Rs.720,000 . otrret material were issued to Job Rs.625.00o. Dltrect materlal were issued to Tactory Rs.25,000 Direct lubor cost luçurred was Rs.720,000 indirect labor cost incurred was Rs.15,000 The appliel Inctory overbead cost amounteil to Rs.480.00 Jactory overlhead cost on ng
Nelective inuterial were retunied IG.20,000 Indirect labor cost incurred was Rs.75,000 Direct Jubor cost lucurred was Rs.720,000 . otrret material were issued to Job Rs.625.00o. Dltrect materlal were issued to Tactory Rs.25,000 Direct lubor cost luçurred was Rs.720,000 indirect labor cost incurred was Rs.15,000 The appliel Inctory overbead cost amounteil to Rs.480.00 Jactory overlhead cost on ng
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:7. The applicl Inctory overbead cost amountel to Rs.480,000
No.urchased malerials on account Rs.750.000
nefective inuterjal were retunied Ig.20.00n
5. Direct lubor cost lucurred was Rs.720,000 .
0. Tactory overliead cost on account was Ns.390,000
plrect material were issued to Job Rs.625,000-
Indirect materlal were issued to Tactory Rs.25,000
1.
irsct material were issued to Job Rs.625.00o,
1.
1.
4. Direct Jubor cost luçurred was Rs.720,000
5. indirect labor cost incurred was Rs.15,000
6. he applicl Inctory overbead cost amounteil to Rs.480,000
Tactory overlıead cost on account was s.390,000
" F'uctory depreciation cost was eslimated at RsA0,000
10. The jols were completed for Rs.1,460,000
11. Pinished goods costing were sold Rs.1,200,000
12. The finlehed goods were sold on account for Rs.1,800,000
13. Balnnce of factory overbend account was cloied lato the Cost ol goods rold
D.No.2
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