Question

RTMENTAL ACCOUNTS
577
Mr. Singh purchased goods for three departments as follows:
Deptt. X : 200 units
Deptt. Y: 500 units Total Cost 46,000
Deptt. Z: 100 units
Opening Stocks :
Sales
Deptt. X: 10 units
190 units @ 48 per unit
Deptt. Y: 20 units
500 units @ 72 per unit
Deptt. Z: 30 units
120 units @ 104
Rate of Gross Profit is same in Deptts. X and Y. Deptt. Z sells its goods at some different rate of
gross profit which is 30% on cost.
Find out net profit/loss, making 10% reserve for closing stock.
[Ans. Departmental Gross Profit : X 1,520; Y 6,000, Z2,880;
Departmental Net Profit : X 1,440; Y 5,880 and * Z 2,800)
PRICE
per unit​

Answer 1

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