Answers:: Cost of Goods Manufactured Schedule For The Year Ended

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Name: Amit Boidya

ID 18264067

Answers:
(start composing your answers below. Be creative in composing your answers by using tables where appropriate)

#1

Cost Of goods manufactured schedule


for the year ended

Details
Beginning raw materials
(+) raw material purchase
(-) ending raw materials
raw material used
direct labour
Prime cost

Facctory overhead
indirect labor
depreciation of fectory
insurance factory
maintenance
utilities
supplies

total manufacturig cost


(+)beginnig work in process
(-)ending work in process
cost of goods manufactured

#2 Income statement
For the period of time

details
Sales
(-) cost of goods sold
beginning finished goods inventory
(+) cost of goods manufactured
ending finished goods inventory

(-)operating expense
Administrative expense
Selling expense

Net income

#3

Average cost per unit=Total Production cost÷number of unit produ

Average cost per unit of direct material=83000/10000=8.3

Average cost of per unit of Factory depreciation=42000/10000=4.2

#4 details

direct labor=6*15000
direct material=8.3*15000
prime cost

manufacturing overhead
Depreciation
insurance
maintenance(3*15000)
supplies(.1*15000)
indirect labor(6.5*15000)
utilities(2.7*15000)

total manufacturing cost

total average cost per unit=445500/15000=29.7

#5 as per rising the production unit , the average cost per unit will be less becaus
g tables where appropriate)

Taka Taka
10000
90000
-17000
83000
60000
143000

65000
42000
5000
30000
27000
1000
170000
313000
7000
-30000
290000

Taka Taka
450000

10000
290000
40000
-260000
190000

70000
80000
-150000
40000

n cost÷number of unit produced=313000/10000=31.3

=83000/10000=8.3

reciation=42000/10000=4.2

Taka Taka

90000
124000
214000

42000
5000
45000
1500
97500
40500
231500
445500

t per unit will be less because the fixed cost are remane same .the total average cost of units decreses 10000 to 15000 units respe
00 to 15000 units respectively 31.3 to 29.7 .

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