Question

Raw materials consumed 20,000
Direct wages 12,000
Machine hour worked 900 hours
Machine hour rate RS. 4 per hour
Office overhead 15% on work cost
Selling overhead 37 P per unit
Unit Produced 20,000
Unit Sold 18,000 at RS. 2.50 each
You are required to prepare a Cost sheet in respect of the above showing:
(i) The cost per unit, and
(ii) The profit for the period.

Answer 1

Answer:-

Raw materials consumed 20,000

Direct wages 12,000

Machine hour worked 900 hours

Machine hour rate RS. 4 per hour

Office overhead 15% on work cost

Selling overhead 37 P per unit

Unit Produced 20,000

Unit Sold 18,000 at RS. 2.50 each.

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