The following data relate to the manufacture of a standard product during the month of March 2010:
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The following data relate to the manufacture of a standard product during the month of March 2010:
Works on cost, 50% of wages; offi ce on cost, 20% on works cost; selling on cost, 10% of works cost; profi t, 20%
on sales; and number of units produced, 10,000. Prepare a statement showing the total cost and profi t.
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