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Accounting Assignment | Custom Assignment Help

Author:
September 26th, 2019

ABC’s selected data for the month of September 2014 related to current year are as follows (in Rs Mio):

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  • Begin WIP  inventory                   2000
  • Begin DM  inventory                     900
  • DM purchased                                3600
  • DM used                                         3750
  • Variable manufacturing OH           2500
  • Total manufacturing OH                4800
  • Total manufacturing costs             16000
  • Cost of goods manufactured          16500
  • COGS                                             17000
  • End FG inventory                             1250

Calculate DM inventory, WIP inventory and FG inventory as on 30 Sept 2014; fixed manufacturing OH, and DL for Sept; Goods available for sale in September

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