Cost Accounting Problems and Solutions
Previous : Cost Accounting
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| Cost Accounting Orientation |
| Costing Problems and Solutions |
| Cost of Goods Sold Problems and Solutions |
| Financial Statements |
| Inventory Valuation (I) Problems and Solutions |
| Inventory Valaution (II) |
| Inventory Management Problems and Solutions |
| Economic Order Quantity Problems and Solutions |
| Cost Volume Profit Analysis (I) Problems and Solutions |
| Cost Volume Profit Analysis (II) |
| Labor Costing (I) |
| Labor Costing (II) |
| Factory Overhead |
| Absorption Costing |
| Marginal Costing |
| Job Order Costing |
| Process Costing (I) Problems and Solutions |
| Process Costing (II) |
| Activity Based Costing |
| By-Product Costing |
| Joint Product Costing |
| Service Costing |
| Introduction to Budgeting |
| Functional Budgets (I) Problems and Solutions |
| Master Budgets |
| Variance Analysis (I) |
| Variance Analysis (II) |
| Manufacturing Cost Analysis |
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Isha industries Limited uses a process cost system of there processes. The following data relates to its process-01. Beginning inventor Rs. 174,250 Raw Material used Rs. 297,000 Direct Labour Cost used Rs. 535,000F Factory Overhead Cost Applied Rs. 428,000 The data extracted from a quantity schedule related to the above processes are as follow: UnitsUnites in Process Beginning: 110,000(80% complete as to Material 70% as conversion Cost). Units placed in production 430,000 Units Complete 400,000 Units still process at the end 60% complete as to Material and 75% complete as to conversion cost.
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