Question

From the following information, prepare a Statement of Cost and Profit for the
month of June, 2017
June 1, 2017 June 30, 2017
₹
3 ₹
Stock of raw materials
1,00,000
1,23,500
Stock of finished goods
71,500
42,000
Work in progress
31,000
34,500
Transactions during the month were -
Purchase of raw materials
88,000
70,000
Factory expenses
39,500
Administration expenses
13,000
2,000
Selling and Distribution expenses
15,000
Sales
2,84,000
(Ans: Raw materials consumed 64,500; Prime Cost * 1,34,500; Factory Cost
*1,68,500; Cost of Production 1,81,500; Cost of Goods Sold 2,11,000; Cost of
Sales * 2,26,000; Profit * 58,000)
Direct wages
Sale of scrap​

Answer 1

Answer:

itna toh mera syllabus total mein bhi nhi hota