Management in production

10th practical training.Account of commodity material reserves in budget organizations

Plan:

1. 
   Organization of the account of commodity material reserves in budget organizations, its purpose and tasks and characteristics.
   
2. 
   Calculation of finished product production costs and their income.
   
3. 
   Finished goods write-off account.
   
4. 
   Accounting for the input of other commodity material reserves and their assessment.
   
5. 
   Other goods - material reserves write-off account.
   
6. 
   Organization of analytical and synthetic account of commodity material reserves.
   
7. 
   Use of information systems in accounting for commodity material reserves.
   

1 – Problem

Specify the criteria for recognition of goods in the account of material reserves. Show the regulatory and legal basis for the formation of the account of commodity material reserves. Show the tasks of accounting with practical examples in the organization of inventory accounts. State the procedure for valuation of commodity material stocks. Explain the features of the organization of the account of commodity material reserves in budget organizations.

2 – Problem

According to the report of the budget organization, the balance of household and office goods amounted to 352,000 thousand soums at the end of the year. During the year, 1,250,000 soums of household and stationery goods were spent, and the balance of fuel and lubricants amounted to 540,000 soums at the end of the year. 2,050,000 soums of fuel and lubricants were spent during the year.
Required:
Use the table below to determine if there is an excess of inventory

r a
e e
h t

f
(in thousand soums)

Indicators	sub account numbers	Rate (per day)	Remaining at the beginning o y	We are left for th end of the year	Expenses incurred during the year	Cost for 1 day	The norm	Overstocked
1	2	3	4	5	6	7	8	9
Household and office supplies
Fuel and lubricants