Question

Problems on Job Costing:
The following particulars are extracted from the books and other
relevant sources on respect of M/s A&Co.
a) Estimated Materials Cost of job is 50,000 and the direct labour
cost is likely to be * 10,000.
b) In machine shop, it will require machining by German machine
for 20 hours and Japanese machine for 6 hours.
c) The Machine Hour Rates for German and Japanese machines
are * 100 and * 150 respectively
d) The Direct wages in all other shops last year amounted to
* 8,00,000 as against * 4,80,000 factory overheads.
e) Last year factory cost of all jobs amounted to 25,00,000 as
against * 3,75,000 office expenses.
Make out a quotation with 20% profit on selling price.
(B.Com, Bombay) (Ans : *99,043,75)
cords​

Answer 1

Answer:

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Answer 2

Explanation:

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