A company produces a single product in three sizes A, B and C. Prepare a statement showing

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A company produces a single product in three sizes A, B and C. Prepare a statement showing the selling and distribution expenses apportioned over the three sizes applying the appropriate basis for such apportionment in each case from the particulars indicated. Express the total of the cost so apportioned to each size as:

(1) Cost per unit sold (nearest paise)

(2) A percentage of sales turnover (nearest to two places of decimal)

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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