Question

8
CA. SUMIT GUPTA
COST SHEET
Prepare the cost sheet to show the total cost of production and cost per units of goods amaties
by a company for the month of July 1996. Also find out the cost of sales
Stock of raw materials 1.7.1996
Raw materials purchased
Stock of Raw materials 31.7.1996
Manufacturing wages
SO
3,000 Office rent
28,000 General expenses
4,500 Discount on sales
7,000 Advertisement expense
to be charged fully
1,500 Income tax paid
ay
300
SD
Depreciation on plant
Loss on sale of a part of plant
300
Factory rent and rates
3,000
The number of units produced during July, 1996 was 3,000
The stock of finished goods was 200 and 400 units on 1.7.1996 respectively. The total cost of its
hand on 1.7.1996 was 2,800. All these had been sold during the month.
Ans. Cost of Production 38900; Cost per unit 12.96: Cost of sales 37416
PN​

Answer 1

Answer:

was 3,000

The stock of finished goods was 200 and 400 units on 1.7.1996 respectively. The total cost of its

hand on 1.7.1996 was 2,800. All these had been sold during the month.

Ans. Cost of Production 38900; Cost per unit 12.96: Cost of sales 37416

PN