Question

Mr. X furnishes the following data relating to the manufacturing of a standard product during the month of Ashadh 2069.

Direct material

Factory overheads

Rs. 16,000 Direct labour charge

Rs. 6,000

Rs.14,000

Administrative overheads 50% on works cost

Selling and distribution overheadsRe:0.50 per unit Opening stock

Production

5,400 units Sales

600 units

4.000 units @ Rs 15 per unit.

You are required to prepare a cost sheet from the above showing: (a) The cost of production per unit (b) Profit per unit sold and profit per period.​

Answer 1

Answer:

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