The following particulars have been extracted from the books of a manufacturing company: Out of 48 hours

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The following particulars have been extracted from the books of a manufacturing company:

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Out of 48 hours in a week, the time devoted by the manager to the factory and offi ce was on an average 40 hours and 8 hours respectively throughout the accounting year.
Prepare a statement giving the following information:

(a) prime cost,

(b) factory on cost as a percentage of production wages,

(c) factory cost,

(d) general on cost as a percentage of factory cost and

(e) total cost.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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