The following extracts of costing information related to commodity A for the half year ending 31-12-2009: Selling
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The following extracts of costing information related to commodity ‘A’ for the half year ending 31-12-2009:
Selling and distribution overheads are Re 1. per ton sold.
16,000 tons of commodity were produced during the period You are to ascertain
(a) cost of raw materials used
(b) cost of output for the period
(c) cost of sales
(d) net profi t for the period and
(e) net profi t per ton of the commodity.
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