Medical laboratories. Inc. produces an antibiotic product in its three producing departments. The following quantitative and cost data have been made available.
|
Blending
|
Testing
|
Terminal
|
|
Production data:
|
|
|
|
|
Started into production
|
8000 kg
|
5400kg
|
3200kg
|
|
Transferred to next dept
|
5400
|
3200
|
|
|
Transferred to finished good storeroom
|
|
|
2100
|
|
In process (100%materials, 1/3labour and Overhead)
|
2400
|
1800
|
|
|
In process (100%materials,2/3 labour and Overhead)
|
|
|
900
|
|
Cost charged to departments:
|
|
|
|
|
Materials
|
Rs 20,670
|
Rs 7,980
|
Rs 14,400
|
|
Labour
|
Rs 11,160
|
Rs 5,016
|
Rs 11,520
|
|
Factory overhead
|
Rs 5,580
|
Rs2,280
|
Rs 5,040
|
|
Total
|
Rs 37,410
|
Rs 15,276
|
Rs, 30,960
|
Lost units are normal and apply to allproduction.
Required:
1. A quantity schedule for each of the three departments.
2. An equivalent production schedule for each of the three departments.