From the following data workout a Statement of Landed Cost of per component of material purchased for manufacturing a machine. Annual Production : 100 machines (20 machines are manufactured in the First Quarter, 40 machines are manufactured in the Second Quarter and 40 machines are manufactured in the Last Quarter of the year), Components of raw material required per machine 10 units with a process loss of 20%, The price per component was Rs.50 in the First Quarter Rs.60 in the Second Quarter and Rs.80 in the Last Quarter. The prices are exclusive of GST. GST rate in the First and Second Quarter was 18% whereas it was 12% in the last Quarter of the year, Packing and other charges were 20% of the cost inclusive of GST.
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From the following data workout a Statement of Landed Cost of per component of material purchased for manufacturing a machine. Annual Production : 100 machines (20 machines are manufactured in the First Quarter, 40 machines are manufactured in the Second Quarter and 40 machines are manufactured in the Last Quarter of the year), Components of raw material required per machine 10 units with a process loss of 20%, The price per component was Rs.50 in the First Quarter Rs.60 in the Second Quarter and Rs.80 in the Last Quarter. The prices are exclusive of GST. GST rate in the First and Second Quarter was 18% whereas it was 12% in the last Quarter of the year, Packing and other charges were 20% of the cost inclusive of GST
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