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Homework answers / question archive / Particulars Total Cost Direct material cost Paper Pulp 500 tones $ 52 per ton 26,000

Particulars Total Cost Direct material cost Paper Pulp 500 tones $ 52 per ton 26,000

Accounting

Particulars Total Cost Direct material cost Paper Pulp 500 tones $ 52 per ton 26,000.00 Other Material 100 tones @ $ 30 per ton 3,000.00 Direct material consumed 29,000.00 Direct labour cost Skilled (80x3x25) 6,000.00 Unskilled C 40 x2x 25) 2,000.00 Direct Expenses Special equipment 2,500.00 Special dyes 1,500.00 Prime Cost 41,000.00 Works overhead Variable 100% in direct wages 8,000.00 Fixed 60% of direct wages 4,800.00 Less: Sale of scrap -1,800.00 Works cost 52,000.00 Administrative overhead 10% of works cost 5,200.00 Cost of Production 57,200.00 Selling and Distribution overhead: 20% on works cost 10,400.00 Cost of Sales 67,600.00

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