Question

) From the following data relating to the manufacture of a standard product during the month of September 2003, Show a statement showing the cost and profit per unit.
Raw materials used Rs.40000
Direct Wages Rs.24000
Machine hours worked 9500 hours
Machine hour rate Rs.4 per hour
Office overheads 20% on works cost
Selling overheads Re.1 per unit
Units produced 20000 units
Units sold 18000 @ Rs.10 per unit.​

Answer 1

Answer:

A Cost Sheet depicts the following facts: Total cost and cost per unit for a product. The various elements of cost such as prime cost, factory cost, production cost, cost of goods sold, total cost, etc. Percentage of every expenditure to the total cost.

Answer 2

answer: profit: 162000