The following information was taken from the books of Hunza Manufacturing Company for the month of January 2016 Cost of Units in process at beginning: January 1, 2016                             Rs.       50,000 Cost of Raw Material used                                                                                        148,000 Direct Labour cost incurred                                                                                     115,200 Factory Overhead Cost incurred                                                                             86,400 The data extracted from the production report relating to above process are as follows: Units in process at beginning of January [40% complete as to material and 60% complete as to conversion cost]           5,000 units Units placed in production during January                                                            13,000 units Units in process at end of January 31 [60% complete as to material and 80% as to conversion cost]                           3,000 units. Required: Equivalent Production Unit,                                                                          Unit Cost,                                                                                                         The total cost of unit completed and                                                            Work in process at end.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following information was taken from the books of Hunza Manufacturing Company for the month of January 2016
Cost of Units in process at beginning: January 1, 2016                             Rs.       50,000
Cost of Raw Material used                                                                                        148,000
Direct Labour cost incurred                                                                                     115,200
Factory Overhead Cost incurred                                                                             86,400
The data extracted from the production report relating to above process are as follows:
Units in process at beginning of January
[40% complete as to material and 60% complete as to conversion cost]           5,000 units
Units placed in production during January                                                            13,000 units
Units in process at end of January 31
[60% complete as to material and 80% as to conversion cost]                           3,000 units.

Required:

  1. Equivalent Production Unit,                                                                         
  2. Unit Cost,                                                                                                        
  3. The total cost of unit completed and                                                           
  4. Work in process at end.                                                                         

note: just give the answer of the given question,no need of explanation.

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