The following information has been taken from the job order cost system, used by SALEEM CORPORATION: Job No.

Balance March 1

Production Cost in March

15

Rs. 150,000

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16

170,000

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17

50,000

Rs. 130,000

18

70,000

150,000

19



240,000

20



150,000

21



90,000

During March Job No. 17, 18 & 19 were completed, and job No. 15, 16 and 17 were sold on account at 40% above cost.

REQUIRED:

i) Cost of finished goods inventory – beginning

ii) Cost of goods in process inventory – beginning

iii) Cost of finished goods inventory – ending

iv) Cost of goods in process inventory – ending

v) Cost of goods manufactured

vi) Cost of Goods sold

vii) Sales