An Iron Master produces 40,000 ton of Pig Iron in a year. From the following figures, are the Production Account showing the cost per ton of the various items of expenditure show the cost per ton of Pig Iron produced, after crediting the Production Account + 1,60,000, the amount received on the sale of slag: Stock at the Purchases during the Stock at the end of beginning of the year the year year - ₹ F ₹ Coal 95,000 4,00,000 80,000 Coke 73,000 5,70,000 65,000 Lime Stone 30,000 1,20,000 35,000 Iron Stone 82,000 3,50,000 64,000 Sndries 56,000 1,60,000 60,000 Works General Charges are to be taken at 795,000 and wages at * 3,50,000.
Answers
From the following figures, are the Production Account showing the cost per ton of the various items of expenditure show the cost per ton of Pig Iron produced, after crediting the Production Account + 1,60,000, the amount received on the sale of slag: Stock at the Purchases during the Stock at the end of beginning of the year the year year - ₹ F ₹ Coal 95,000 4,00,000 80,000 Coke 73,000 5,70,000 65,000
crediting the Production Account + 1,60,000, the amount received on the sale of slag: Stock at the Purchases during the Stock at the end of beginning of the year the year year - ₹ F ₹ Coal 95,000 4,00,000 80,000 Coke 73,000 5,70,000 65,000 Lime Stone 30,000 1,20,000 35,000 Iron Stone 82,000 3,50,000 64,000 Sndries 56,000 1,60,000 60,000 Works General Charges are to be taken at 795,000 and wages at * 3,50,000