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Chemical A: 6000kgs @ Rs. 4.20 per kg Rs 25,200 Chemical B: 10000kgs @ Rs. 3.80

ID: 2433772 • Letter: C

Question

Chemical A:                              6000kgs @ Rs. 4.20 per kg                            Rs        25,200

Chemical B:                              10000kgs @ Rs. 3.80 per kg                                      38,000

Chemical C:                              4000kgs @ Rs. 4.75 per kg                                        19,000

VAT                                                                                                                            2,055

Railway Freight                                                                                                 1,000

Total Cost                                                                                                                    85,255

A shortage of 100 kgs in chemical A, of 140 Kgs in chemicalB and Of 50 kgs in chemical C was noticed due to breakages. At Mumbai, themanufacture paid octroi duty @ 0.20 kg. He also paid hamali, Rs 20 for thechemical a, Rs 58.12 for chemical B and Rs 35.75 for chemical C. Calculate thestock rate that you would suggest for pricing issue of chemicals assuming aprovision of 4 % towards further deterioration and also show the quantity (kgs)of chemicals available for issue.

Activity             Costdriver                               Capacity                       Cost

Power                          Kilowatthours                          50000 hrs                     Kilowatt Rs 200000

Quality Inspection         Numbersof inspection 10000 inspection                         Rs 300000

The Company makes three products, A, B and C.For the yearended March 31, 2004,the following consumption of cost drivers was reported:

Product                                                Kilowatt-hours             Quality Inspection

A                                                         20000                                      7000               

B                                                          40000                                      5000

C                                      

Explanation / Answer

x.Xculate the stock rate that you would suggest for pricing issue of chemicals assuming a provision

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