Question

(b) From the following prepare a cost sheet and quote a suitable price-
Total production
5,000 tons
Cost of raw materials
20,00,000
Carriage inwards
2,00,000
Direct wages
* 20,00,000
Indirect wages
* 1,00,000
Office expenses
* 10,00,000
Selling overheads
* 10,00,000
Payment of income tax
3,00,000
Dividend paid
5,00,000
A profit margin of 50% on cost is desired.​

Answer 1

Answer:

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