vaibhav. (1)
TRANSCRIPT
UMBRELLA
AVON AVON LIFESTYLE LIFESTYLE
PVT. LTDPVT. LTD
Introduction Introduction
Establish – 23Establish – 23rdrd April 2009. April 2009. Location – Bhiwandi.Location – Bhiwandi. Owner – Mr. Gajanan Mhatre.Owner – Mr. Gajanan Mhatre. Manager – Mr.Vijay Rathod.Manager – Mr.Vijay Rathod.
Raw MaterialsRaw Materials
Frames – Wood or Steel.Frames – Wood or Steel. Fabric cloths.Fabric cloths. Frames are imported from China.Frames are imported from China. Fabric cloths are imported from Bombay.Fabric cloths are imported from Bombay. Cost per frame – Rs. 45 to Rs. 50.Cost per frame – Rs. 45 to Rs. 50. Cost of Cloth – Rs. 50 per meter.Cost of Cloth – Rs. 50 per meter.
PROCESS- 1PROCESS- 1(Cutting)(Cutting)
Particulars Units Rs. Particulars Units Rs.
To Direct materials
2500 By Normal Loss(10000 *5%)(500*3)
500 1500
To Manufacturing Expenses
7500 By Output(Process 2 A/C)
9500 61500
To Direct Labour 3000
To Units Introduced
10000 50000
10000 63000 10000 63000
Raw Materials
PROCESS- 2PROCESS- 2(Printing)(Printing)
Particulars Units Rs. Particulars Units Rs.
To Process 1 A/C(Input)
9500 61500 By Normal Loss(9500*10%)(950*5)
950 4750
To Direct Materials
2000 By Output(Process 3 A/C)
8400 65677
To Manufacturing Expenses
4100
To Direct Labour
4000 By Abnormal Loss
150 1173
9500 71600 9500 71600
Abnormal Loss :-= Total cost – Normal Loss Scrap Value No. of units of Abnormal loss Total Input Quantity – Normal Loss Quantity
= 71600 – 4750 150 9500- 950
= 66850 150 8550
= 1173
PROCESS- 3PROCESS- 3(Assembling)(Assembling)
Particulars Units Rs. Particulars Units Rs.
To Process 2 A/C(Input)
8400 65677 By Normal Loss(9500*10%)(950*5)
1260 6300
To Direct Materials
3000 By Output(Process 3 A/C)
7500 68778
To Manufacturing Expenses
1100
To Direct Labour
2000
To Abnormal Gain
360 3301
8760 75078 8760 75078
Abnormal Gain :-= Total cost – Normal Loss Scrap Value No. of units of Abnormal gain Total Input Quantity – Normal Loss Quantity
= 71777 – 6300 360 8400 – 1260
= 65477 360 7140
= 3301