Question

25. From the following information, Prepare a Statement showing the Cost and Profit per unit: Direct Material Consumed * 4,00,000 Direct Labour 40% of direct Material Cost Direct Expenses 50% of direct Labour Cost Factory Overheads 25% of Prime Cost Office and administration expenses have been absorbed @ * 150 per 10 units produced. Selling and distribution expenses have been applied @ * 500 per 100 units sold. Opening finished stock 800 units @ * 85.5 p.u. Closing finished stock 400 units. Finished goods sold 16,400 units. Profits 20% of Cost of Sales. (Ans. Prime Cost * 6,40,000; 2. Works Cost 78,00,000; Cost of Production * 10,40,000; 4. Goods Sold + 10,82,400; Profit * 2,32,880; Sales * 13,97,280; No. of Units Produced + 400 - 800 = 16,000 Units.)​

Answer 1

Explanation:

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