B Com Exam  >  B Com Questions  >  12. A factory uses job costing. Given details... Start Learning for Free
12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000
?
Most Upvoted Answer
12. A factory uses job costing. Given details obtained from its books:...
The total cost incurred by the factory is:

Direct materials + Direct wages + Factory OH = Rs. 90000 + Rs. 75000 + Rs. 45000 = Rs. 210000

The total overhead cost is:

Selling OH + Administration OH = Rs. 52500 + Rs. 42000 = Rs. 94500

Therefore, the total cost of the job is:

Total cost = Direct materials + Direct wages + Factory OH + Overhead cost
= Rs. 210000 + Rs. 94500
= Rs. 304500
Community Answer
12. A factory uses job costing. Given details obtained from its books:...
Explore Courses for B Com exam

Similar B Com Doubts

12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting?
Question Description
12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about 12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting?.
Solutions for 12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of 12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting? defined & explained in the simplest way possible. Besides giving the explanation of 12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting?, a detailed solution for 12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting? has been provided alongside types of 12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting? theory, EduRev gives you an ample number of questions to practice 12. A factory uses job costing. Given details obtained from its books: Direct materials – Rs.90000, Direct wages – Rs.75000, Selling OH – Rs.52500, Administration OH – Rs.42000, Factory OH – Rs.45000 & Profit – Rs. 60900. Calculate cost of production. a. Rs. 2,17,500 b. Rs. 2,07,000 c. Rs. 2,52,000 d. Rs. 2,10,000 Related: Overhead Cost Accounting? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev