From the following information calculate the cost of production for the product X:
a. Opening Stock: ₹80,000
b. Closing Stock: ₹25,000
c. Purchase: ₹650,000
d. Direct wages paid: ₹250,000
e. Factory cost: 55% of direct wages.
f. Other overheads: ₹80,000
Calculate Cost of Production.
Answer:
A. ₹12,72,500
B. ₹11,72,500
C. ₹17,12,500
D. ₹12,17,500
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Answer:
answer is 12,17,500 option D is correct
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