The following information was taken from the books of Hunaiza Manufacturing Company for the month of January 2021 Cost of Units in process at beginning: January 1, 2021 Rs. 60,000 Cost of Raw...

The following information was taken from the books of Hunaiza Manufacturing Company for the month of January 2021

Cost of Units in process at beginning: January 1, 2021                             Rs.       60,000

Cost of Raw Material used                                                                                        177,600

Direct Labour cost incurred                                                                                     115,200

Factory Overhead Cost incurred                                                                             86,400

The data extracted from the production report relating to above process are as follows:

Units in process at beginning of January

(40% complete as to material and 60% complete as to conversion cost)          10,000 units

Units placed in production during January                                                            26,000 units

Units in process at end of January 31

(60% complete as to material and 80% as to conversion cost)                           6,000 units.

1. The Cost of Work in process at end.


2. While reconciliation Total of either Debit or Credit Work in Process Account