Job Costing, Work-in Process Account, Material And Labour Cost
Work-in Process Account1. a)
Job Costing
Raw Material Account
Particular
Amount
Particular
Amount
Opening balance
=+F8-D7
Work-in-progress
=+D16
Purchase of Raw material
=+F24
Closing Stock of Raw material
20000
Total
=D6+D7
Total
=F6+F7
Work-in Process Account
Particular
Amount
Particular
Amoun…
Get your college paper done by experts
Do my question How much will it cost?Place an order in 3 easy steps. Takes less than 5 mins.
Leave a Reply
Want to join the discussion?Feel free to contribute!