Question

Case 4: From the following data collected from the cost sheet of Bahwan LLC. Cutting Polishing Materials RO 17000 RO 13000 Labor RO 1500 RO 2400 Other expenses RO 1600 RO 1500 Input introduced 600 units Normal Loss of input 10% 5% Value of scrap per ten-unit RO 150 RO 200 Output of process 500 450 Indirect expenses amounting to RO 3000, Question: (1 + 9 - 10 Marks) a. Apportioned indirect expenses based on materials. b. Prepare process account, normal loss account and abnormal gain or abnormal loss account.

Answer 1

Answer :

Bhauran LLC. Cutting process and unit Amount unit Amount To Material 600 Ro 1000 By Normal 60 Rogoo Lars Ro 1500 By Palisning To Labor Ro 19352 500 Process ACC To other Ex Bo 16oO By 40 IR1548 Abnormal lours ALC Go too To Indirect Ex 600 Ro 268o6 600 Rp 21800 Nate - Allocatian of Indirect Ex ωστόσο Cutting XL7000 Ro 1700 30,000 and Ro 1300 polishing = 3 our 3ono *1300 cost per Unit = 17000 + 1500 + 1600 +1700 goo 600-60 RO 38.704 40x 38.7042 Abnormal less Ro1548 Valice Kalisse on QF DE aut put 500 x 38.704 RO 19352

Polishing Process Ale wnin Amount unit Amount 500 25 Ro 500 RO 19352 By normal lass To cutting Proces Aic TO Direct Material Ro Roo0 Ro 1950 By Abnormall 25 lass All A5 2400 То Labor To other EX Ro (Soo To Indirect Ex Ro 1300 By Finished 450 R035102 Stock AIC 500 Ro 3152 500 Ro37552 cast ter unit = +1500 +1300 - 500 19252 + 13000 + 2400 475 78.004 1950 value of Abnormal lan - value of aut put 25X78.00u 450X78.004 35102 Normal Acܤܘܝܐ To cutting Process All Go to Pouligning Processaic 25 85 Rogoo By Bank Alc 60 R0500/By Bank AC 25 Rogoo Roboo Roluool Ro 1400 600 500 to cutting Prows Acc" To Polishing prows All omat CamScanner Abnormal loss ATC By Bank Ak yo 40 1548 By Bank AIC 25 25 1950 By costing PILATC 65 3498 65 2398 ES 3498