Question

Calculate prime cost, factory cost,cost of production,cost of sales and profit from the following.
Direct material Rs.1,50,000
Direct labour Rs.70,000
Direct expenses Rs.5,000
Factory expenses Rs.15,000
Administrative expenses Rs.10,000
Selling expenses Rs.3,500
sales Rs.2,75,000​

Answer 1

Answer:

₹523500 is the factorycost, cost of production ,cost of sales and profit from the following