Question

5. Pawan Co. produces a product. From
the following data prepare a statement
of Cost and Profit :
Raw material consumed - Rs. 90,000
Direct Wages (labour) - Rs. 54,000
Machine hours worked - 1800
Machine hour rate - Rs. 30
Administration overhead - 20% on
works cost
Selling Cost - Rs. 3 per unit
Units produced - 30,000
Units sold - 28,000 at Rs. 25 per unit.​

Answer 1

Explanation:

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