The books of a manufacturing company present the following data for the month of June 2009: Direct

Question:

The books of a manufacturing company present the following data for the month of June 2009:

Direct labour cost Rs. 17,500 being 175% of the works overhead; cost of goods sold excluding administration expenses Rs. 56,000. Inventory accounts showed the following opening and closing balances.

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You are required to (i) compute the value of materials purchased and (ii) prepare a statement of cost showing the various elements of cost and

(c) 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 10:10 AM

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The books of a manufacturing company present the following data for the month of June 2009: Direct

Question:

June 1 June 30 Rs. Rs. Raw materials 8,000 10,600 Work-in-progress 10,500 14,500 Finished goods Other data: 17,600 19,000 Rs. Selling expenses 3,500 General and administration 2,500 expenses Sales for the month 75,000

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Cost Accounting

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