A lorryload of materials of difference grades were purchased for Rs. 3,00,000. Materials are sorted into the

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A lorry–load of materials of difference grades were purchased for Rs. 3,00,000. Materials are sorted into the following grades whose market rate is shown against each of them:

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Find out the purchase price per unit of each grade of the material assuming that all the grades yield the same rate of profi t.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 12, 2024 10:13 AM

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A lorryload of materials of difference grades were purchased for Rs. 3,00,000. Materials are sorted into the

Question:

selling price per unit units Rs. Grade A 20,000 6 Grade B 15,000 5 Grade C 10,000 3

Step by Step Answer:

Cost Accounting

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