Question

Ascertain profit for
December 2020.: Raw
material- Rs. 1,80,000 ;
Direct wages- Rs.
90,000, Overheads
absorption rate Rs. 8
per machine hour.
Administration
overhead Rs. 35,000.
Selling overheads Rs. 8
per unit. 10,000
Machine hrs are used in
the month. 4000 Units
are sold at Rs. 130 per
unit.
Rs. 54,000​

Answer 1

Explanation:

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