What the total factory cost of production for blunton ltd

Assignment Help Accounting Basics
Reference no: EM133177735

Question - The financial accounts (summary data) of a Blunton Ltd, a manufacturing organisation, is shown below:


£

Direct materials - Opening inventory

2,000

Direct materials - Purchases

24,000

Direct materials - Closing inventory

2,400

Direct labour

34,640

Direct expenses

13,760

Indirect production overheads

56,320

Work - in - progress opening inventory

4,480

Work - in - progress closing inventory

4,800

Finished goods opening inventory

7,520

Finished goods closing inventory

8,100

Indirect non - production overheads

64,000

Required - What the total factory cost of production, for Blunton Ltd?

a. £192,000

b. £191,420

c. £127,420

d. £128,000

Reference no: EM133177735

Questions Cloud

Record the june transactions in the relevant journals : Record the June transactions in the relevant journals (round amounts to the nearest $). Total all special journals. Ignore narrations in the general journal
Calculate the share of the profit each partner receive : Assuming the partnership's profit was $200,000 for the year, calculate the share of the profit each partner should receive
Discuss the critical role of external accounting : Discuss the critical role of external accounting in enhancing accountability relationships. Discuss concepts of accountability, legitimacy and sustainability
What is the price of the option today : The standard deviation of the value of the building is 35 percent and the risk-free rate is an annual percentage rate of 4.4 percent. What is price of option
What the total factory cost of production for blunton ltd : The financial accounts (summary data) of a Blunton Ltd, a manufacturing organisation, is shown below: What the total factory cost of production for Blunton Ltd
Determine hr approach based on corporate strategy : HR Strategy - determine the HR approach based on the corporate strategy HR Forecasting - what type of employee will they need in the future?
Prepare the manufacturing account of bridle ltd : Prepare the manufacturing account of Bridle Ltd for the year ended 31st March 2013 and reconcile your work to the cost of sales value provided above
Uncovered inclination hypothesis : The utility ampli?cation issue has up to this point been created by taking shopper tastes (for example shopper utility) as the crude. Notwithstanding, an electi
LEGL1003 Introduction to Business Law Assignment : LEGL1003 Introduction to Business Law Assignment Help and Solution, Southern Cross University - Assessment Writing Service

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd