Question

From the following information calculate cost of production for the product "A". (i) Opening stock: Rs.50,000; (ii) closing stock: Rs.30,000; (iii) Purchase of raw materials: Rs.300,000; (iv) Direct wages paid to the labours: Rs.180,000; (v) Factory cost is 60% of direct wages; (vi) Other overheads: Rs.70,000. Calculate Cost of Production. ​

Answer 1

Step-by-step explanation:

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