Methods and Techniques of Costing

Methods and Techniques of Costing: Problems on Operating Costing Prof. R Raja Gopala Sastry

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Cost per ton 120 200 80


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Cost per ton of raw material 360 840 50


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records of oil mills for the year ended 31st

Dec 1999


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3000 tons of crude oil was purchased. 2500 tons of


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Ledger accounts.


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Prepare relevant accounts.


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Processes. The following information is available from


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Before separation – Materials 10,200 Labour 11,400


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O H 1000 600 800


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Product P and Rs. 4 for Q per unit. The selling


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Back, ascertain the cost and profit of each of the


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ning expenditure of tractor 3500, Driver’s wages 4540. Other


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Methods and Techniques of Costing