Cpt
This query is : Resolved
Guest
Guest
(Querist)
23 November 2012
Opening Stock
Raw Materials 17,400
Work-In-Progress 11,200
Finished Goods 41,500
Closing Stock
Raw Materials 18,100
Work-In-Progress 11,400
Finished Goods 40,700
Overhead Expenses - 61,100
Wages - 40,400
Purchase of Raw material - 91,900
Cost of Finished goods Produced ?
Cost of Finished goods Sold ?
Raw Materials 17,400
Work-In-Progress 11,200
Finished Goods 41,500
Closing Stock
Raw Materials 18,100
Work-In-Progress 11,400
Finished Goods 40,700
Overhead Expenses - 61,100
Wages - 40,400
Purchase of Raw material - 91,900
Cost of Finished goods Produced ?
Cost of Finished goods Sold ?
24 November 2012
Cost of Stock given to WIP
= RM Purchase + RM Opening - RM Closing
= 91,900 + 17,400 - 18,100
= 91,200
Cost of FG Produced
= Stock given to WIP + WIP Opening - WIP Closing
= 91,200 + 11,200 - 11,400
= 91,000
Cost of FG Sold =
= Cost of FG Produced + FG Opening - FG Closing
= 91,000 + 41,500 - 40,700
= 91,800
= RM Purchase + RM Opening - RM Closing
= 91,900 + 17,400 - 18,100
= 91,200
Cost of FG Produced
= Stock given to WIP + WIP Opening - WIP Closing
= 91,200 + 11,200 - 11,400
= 91,000
Cost of FG Sold =
= Cost of FG Produced + FG Opening - FG Closing
= 91,000 + 41,500 - 40,700
= 91,800
Message likes :
1 times
11 August 2023
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- U/s.234E late fee- balated filing the TDS returns
- Traces Portal
- Rectification of TDS return - Sale of property
- Capital Gain Incidents
- Applicability of corporate governance provisions as per the SEBI LODR
- Cheque bounce intimation letter
- Form 121 of income tax
- Minor - PPF Rules Doubt
- TDS ON RENT OF RESIDENATIAL PROPERTY
- REVERSAL PROPORTIONATE ITC
- Minor Aadhar card cancelled
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
