FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(5) 224 . Cost information of a manufacturing company are given below- (Particular) Rs. (Direct Raw Material) 6,48,000 (Carriage on Sales) 15.000 (Direct wages) 3,00,000

image text in transcribed
(5) 224 . Cost information of a manufacturing company are given below- (Particular) Rs. (Direct Raw Material) 6,48,000 (Carriage on Sales) 15.000 (Direct wages) 3,00,000 (Insurance) 14,000 (Sales commission) 6,000 (Indirect Wages) (Factory) 20,000 (Office) 18,000 (Showrooms) 14,000 : % (Profit 25% on sales) (Required): (Cost sheet)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Financial Management For Residential Construction

Accounting And Financial Management For Residential Construction

Authors: Emma Shinn

6th Edition

0867187816, 9780867187816

More Books

Students also viewed these Accounting questions

Question

★★★★★
Kellys Fitness Center purchased a new step machine for $16,500. The apparatus is expected to last four years and have a residual valued of $1,500. What will the depreciation expense be for each year...

Answered: 1 week ago

Question

★★★★★
A cone clutch has D = 330 mm, d = 306 mm, a cone length of 60 mm, and a coefficient of friction of 0.26. A torque of 200 N ?m is to be transmitted. For this requirement, estimate the actuating force...

Answered: 1 week ago

Question

★★★★★
6.69 Bearing Diameters A machine operation pro- duces bearings whose diameters are normally distrib- uted, with mean and standard deviation equal to 1.265 and 0.005, respectively. If specifications...

Answered: 1 week ago

Question

★★★★★
Royal Gorge Company uses the gross profit method to estimate ending inventory and cost of goods sold when preparing monthly financial statements required by its bank. Inventory on hand at the end of...

Answered: 1 week ago

Question

★★★★★
Question 2: You are the senior accountant for a shoe wholesaler that uses the periodic inventory method. You have determined the following information from your companys records, which you assume is...

Answered: 1 week ago

Question

★★★★★
Jose sued Andres for the recovery of a parcel of land in Cabuyao Laguna, which is thing under litigation. Andres sold the land during the pendency of the case without the approval of Jose or the...

Answered: 1 week ago

Question

★★★★★
Ramona and Hermione formed Wiley Corporation on January 2. Ramona contributed cash of $285,000 in return for 50 percent of the corporation's stock. Hermione contributed a building and land with the...

Answered: 1 week ago

Question

★★★★★
Was it ethical for Kaufmann to try to back out of the contract? Was it ethical for the buyer to sue for specific performance when the seller had "change of heart" and no longer wanted to sell?

Answered: 1 week ago

Question

★★★★★
An automobile assembly line operates for two shifts aday.Thefirst shiftaccountsfortwo-thirds oftheover-all production. The task of quality control engineers is to monitor the number of...

Answered: 1 week ago

Question

★★★★★
Safe or not, he made it up the tower; since he is, after all, a warrior. The ransom note read: "If you wish to see Princess Eva alive, bring all the diamonds from the royal treasury to the Kingdom of...

Answered: 1 week ago

Question

★★★★★
There are 7 Code-A-Pillar command blocks; 3 left, 2 straight, 1 right, and 1 sound. 3 blocks were chosen at random for the Code-A-Pillar. What is the probability that the 2 straights were chosen for...

Answered: 1 week ago

Question

★★★★★
Consider the challenges and risks associated with culture and change during workforce renewal.

Answered: 1 week ago

Question

★★★★★
Gain insight into how age-inclusive workplace practices can benefit the business, its customers, and its employees.

Answered: 1 week ago

Question

★★★★★
Other than the examples introduced in this chapter, what other corporate social responsibility pursuits can Pasona consider on Awaji Island regarding further improvements in the quality of life for...

Answered: 1 week ago

Previous Question Next Question