The following information and figures are related to the business of KSK Enterprise. RM Opening stock of raw materials 2500 Purchases of raw materials 61000 Closing stock of raw materials 3500 Factory wages 38000 Insurance of factory building 800 Depreciation of manufacturing equipment 2500 Electricity of factory 900 Rent of factory 1000 Required: Compute the following: a. Cost of raw materials used during the year

You are given the following information for the year ended 31 October 2019: Cost item Amount (Sh) Purchase of raw materials 112,000 Returns inwards 8,000 Decrease in stock of raw materials 8,000 Direct wages 42,000 Carriage outwards 4,000 Carriage inwards 3,000 Production overheads 27,000 Increase in work-in-progress 10,000 The value of factory cost of goods completed is Select one: a. Sh 202,000 b. Sh 174,000 c. Sh 183,000 d. Sh 182,000

The following information relates to the business of A. Kwava (Pvt) Ltd on 1 July 2004:$Sales 200 000Gross profit 50 000Fixed assets 500 000Current assets 90 000Current liabilities 36 000Opening stock 14 000Stock turnover is 6 times.You are required to calculate, showing all your workings.a. Cost of goods soldb. Mark-upc. Margind. Closing stocke. Working capital ratiof. Quick ratio

The following information applies to the questions displayed below.] Kubin Company’s relevant range of production is 28,000 to 31,500 units. When it produces and sells 29,750 units, its average costs per unit are as follows:    Average Cost per UnitDirect materials $ 8.80Direct labor $ 5.80Variable manufacturing overhead $ 3.30Fixed manufacturing overhead $ 6.80Fixed selling expense $ 5.30Fixed administrative expense $ 4.30Sales commissions $ 2.80Variable administrative expense $ 2.30Required:1. For financial accounting purposes, what is the total amount of product costs incurred to make 29,750 units?2. For financial accounting purposes, what is the total amount of period costs incurred to sell 29,750 units?3. For financial accounting purposes, what is the total amount of product costs incurred to make 31,500 units?4. For financial accounting purposes, what is the total amount of period costs incurred to sell 28,000 units? (For all requirements, do not round intermediate calculations.)

During its first month of operations, a manufacturer incurs the following costs (in dollars) related to activities within its factory:Direct materials $15,000Direct labor $30,000Manufacturing overhead $40,000What amount should be reported as cost of goods sold on the income statement if 5,000 units are produced and 4,000 are sold? $56,000 $68,000 $70,000 $85,000

Mr. Rajanish, MD of JK enterprises finds out the total revenue of the company is Rs 999300 and total expenditure of the company is Rs 666200 and rest is profit. Due to the establishment of a new plant, the revenue is increased by 19% and the expenditure is increased by 13%. Find the percentage change in profit.65.5%37%49.5%31%