Patacake Ltd produces a certain food item in a manufacturing-00130

Online Quiz This subjective question is related to the book/course vu bnk603 Consumer Banking. It can also be found in vu bnk603 Mid Term Solved Past Paper No. 2.

Question 1: Patacake Ltd produces a certain food item in a manufacturing process. On 1st November there was no opening stock in process. During November, 500 units of material were put in to process, with a cost of Rs, 9,000. Units completed and transferred-out were 400 units. Direct labor cost in November was R.3840. Production overhead is absorbed at the rate of 200% of direct labor costs. Closing stock on 30th November consisted of 100 units which were 100% completed as to materials and 80% completed as to labor and over head.
Required: The full production cost of completed units during November?

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