Prepare cost sheet for the year ended 31-12-2004. The following information relating to Arthi Ltd.,
Stock on 1-1-2004
Raw materials
Finished products (1,000 units) Stock on 31-12-2004
Raw materials
Finished products (2,000 units)
Raw materials purchased
Direct wages
Rent, Rate and Taxes Carriage inwards
Work in progress 1st April 2000 Work in progress 31st March 2001
Factory supervision cost
Sale of finished goods
Rs.
50,000 40,000
55,000
40,000
2,50.000
3,600
12,000
40,000
20,000
Advertisement Expenses Rs. 2 per unit sold 17,000 units were produced during the year.
(April-2005).
from the
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