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{"ops":[{"insert":"The following is the condensed information from the records of\u00a0Hilal\u00a0Manufacturing Company for the month of December 2021.\n5000 units in process December 01, 2021 (40% Completed to material & 60% to CC)\u200bRs. 30,000\nCost incurred during\u00a0December\nDirect Material\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200bRs. 74,000\nLabor\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200bRs. 57,600\nApplied FOH\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200bRs. 43,200\nThe Company has started 13,000 units in December 2021. There are 3000 units in process at the end of month which is 60% completed to material and 80% completed to CC.\n"},{"attributes":{"bold":true},"insert":"Required:"},{"insert":"\nPrepare cost of production report of the company for the month of\u00a0December\u00a02021 using FIFO method.\n"}]}
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