Question

Unit Costing: (Cost Sheet)| 161
signment 6
From the following information, prepare a Cost Sheet showing the prime cost,
tory cost, cost of goods produced, cost of goods sold, cost of sales and the profit per
it and in total:
1. Cost of Materials
@ Rs. 13 per unit.
2. Labour Cost
@ Rs 7.50 per unit.
3. Factory Overheads are absorbed
@ 60 % of labourcost.
4. Administration overheads are absorbed @ 20% of factory cost.
5. Selling overheads are charged
@ Rs 2.50 per unit sold.
6. Opening Stock of finished goods - 500 units @ 19.75.
7. Closing stock of finished goods
250 units.
8. Sales -
10250 units Profit of 20% on sales.
te:​

Answer 1

Answer:

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