Urgently Needed CoursHeroTranscribedText: The following information was taken from the books of Hunza Manufacturing...
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Accounting
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CoursHeroTranscribedText: The following information was taken from the books of Hunza Manufacturing Company for the month oflanuary 2016 Cost ofUnits in process at beginning: January 1, 2016 Rs. 50,000 Cost of Raw Material used 143,000 Direct Labour cost incurred 115,200 Factory Overhead Cost incurred 36,400 The data extracted from the production report relating to above process are as follows: Units in process at beginning ofJanuary [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 oflanuary 31 [60% complete as to material and 30% as to conversion cost] 3,000 units. R_EQU1RED: a. Number of Units completed and Transfered out b. Equivalent Production Unit as per Material c. Equivalent Production Unit as per Conversion Cost d. Total Unit Cost 2. The Total cost of Unit completed and transfered out f. The Cost ofWorkin process at end. 3. Mile reconciliation Total of either Debit or Credit Work in Process Account
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