Accountancy, asked by chichas069, 2 months ago

The expenses are budgeted for the production of 10,000 units in a factory are furnished below; Materials 370 per unit Labor 25 per unit Variable Factory Overheads 320 per unit Fixed Factory Overheads (100000) 10 per unit Variable expenses (Direct) 5 Selling Expenses 10% (fixed) 13 per unit Distribution Expenses 20% (Fixed) 37 per unit Administration Expenses (Fixed) (50000) 35 per unit Total cost of Sales per unit 3155. You are required to prepare a budget for the production of 6000 units and 8000 units. per unit​

Answers

Answered by drartandcraft
0

Explanation:

(i) Paid cash to Maira against. 9750 dues Received cash discount. 250

(ii) Sold goods to Hemant of List Price 20,000 less 10% Trade Discount

(iii) Sold goods in cash 2500

(iv) Goods returned by Hemant of List Price 2,000

(v) Received cash from Hemant in settlement of his account

(vi) Bought goods from Nihar of List Price 30,000 less 15% Trade Discount

(vii) Goods returned to Nihar of List Price 5000 not being as specifications.

(viii) Paid to Nihar on account 9800 Received cash discount. 200

(ix) Paid salary to Jiten 14000

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Answered by mh4410878
0

Answer:

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Explanation:

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