From the following information prepare a statement showing cost
Materials), 20,000, Labour 30,000, Other expenses 500, Abnormalide time, 1000, Factory overhead 22,000, Office overhead 18,000.
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Answer:
Bill of rupess = 1600
Interest rate = 9%
Time period 2 months
So total amount of interest = 1600×9÷100×2÷12=24 rupees.To be shown in books of gauri
Explanation:
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