Question

The cost accounts of a manufacturing company give the following information : 1.1.20 31.1.20 Stock of raw materials ₹ 24,000 ₹ 25,150 Work-in-progress 8,220 8,000 Stock of finished goods 16,200 14,650 Other data for the month: ₹ Purchases of raw materials 20,800 Sale of finished goods Office expenses Selling and distribution expenses 2,150 62,800 4,000 Works expenses Direct wages 9,000 16,000 Prepare a statement of cost for the month of January, 2020 and show: (a) materials consumed, (b) cost of production, (c) cost of goods sold and (d) net profit.​

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

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