Question

The cost sheet of a company is as follows:
Raw Material
per Unit Rupees 52
Direct Labour Rupees 19.5
Overheads Rupees 39
Total cost Rupees 110.5
Selling Price Rupees 130

Raw Materials are in Stock for 1 month, materials are in process for half month, Lag in overheads is one month. Calculate investment in Work in Progress if units of
Production are 70,000. (3 marks)


a. Rupees 5,87,708
b. Rupees 2,36,980
C. Rupees 2,65,417
d. Rupees 3,22,292​

Answer 1

Answer:

d.Rupees 2,65,417 is the