2010-12-20_061740_cost_of_production_report_lilliputain_incl

2010-12-20_061740_cost_of_production_report_lilliputain_incl...

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Cost of production report using FIFO under separate element of cost for shrinkage Qty Schedule Beginning WIP 45% CC 36000 added during the month 120000 156000 Transferred to FG 120000 Shrinkage Normal 9600 Shrinkage Abnormal 4800 Closing WIP 15% CC 21600 156000 EUP D.M D.L Cmpleted 120000 120000 less opening wip -36000 -36000 Completed from current 84000 84000 add wip completed in current period Opening 0 19800 Closing 21600 3240 Loss 14400 14400 120000 121440 Cost to account for
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Unformatted text preview: Opening WIP 24800 D.M 39060 0.33 D.L 33912 0.28 97772 0.6 Cost accounted for Cost of Opening wip completed Opening WIP 24800 CC 36000*.55*.279249 5529 84000*.604749 50799 Normal loss 5806 Cost of goods completed 86934 0.72 unit cost of goods completed Closing WIP D.M 21600*.3255 7031 D.L 21600*.15*.279249 905 7936 Abnormal loss 2903 97773 Costing of loss Normal 5806 Abnormal 2903...
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This note was uploaded on 06/20/2011 for the course ACCT 101 taught by Professor Joannes during the Spring '11 term at Aarhus Universitet.

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