1.e. 50 tonnes
20 tonnes,
90
₹
7,000
Allustration 6.9. The following figures are collected from the books of an Iron Found
() The sale value of scrap material has been deducted from the cost of materials.
10% of the castings were rejected being not upto specification and a sum of 400
10% of the finished castings were found to be defective in manufacture and were rec
by expenditure of additional works overhead charges to the extent of 20% on the proport
453
90
realised on sale as scrap.
after the close of the year:
Raw Materials:
Opening stock at the beginning of the year
Purchases during the year
Closing stock at the end of the year
Direct wages
Works overhead : 50% of direct wages
Stores overhead on material : 10% on the cost of materials.
50,000
5,000
10,000
direct wages.
The total gross output of casting during the year was 1,000 tonnes.
Find out the manufacturing cost of the saleable castings per tonne.
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Answer:
90000 tones of wages submit your review of
Explanation:
total of the following
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