Question 1 .b) Mesi manufacturing company
manufactures engines that are made only on customer’s orders and
their specifications. During January, the company worked on jobs
2525,2526,2527,2528. The following figures summarise the cost
records for the month:
Job 2525
(200 units)
Job 2526
(120 units)
Job2527
(50 Units)
Job 2528
(200 units)
Direct material put into process:
July 2;
30,000
10,000
18;
40,000
32,000
10,000
22;
30,000
2,000
20,000
12,000
28;
7,000
4000
Direct Labour Cost(week ending)
July 2;
2,000
2,000
9;
54,000
18,000
16;
64,000
54,000
23;
40,000
6,000
10,000
1000
30;
36,000
23,000
Factory overhead;
120,000
64,000
35,000
21,000
Engines Completed
100
60
25
Jobs 2525 and 2526 have been completed and delivered to the
customers at a total selling price of OMR852,000,on account. Job
2527 is finished but has not yet been delivered. Job 2528 is still
in process. There was no work in progress at the beginning of the
month.
Required:
Question 1 .b) Mesi manufacturing company manufactures engines that are made only on customer’s orders and their specifi
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