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9.2. Prepare a Cost Sheet from the following information. (Even if the currency mentioned in the problem remains to be Indian Rupees, one can assume

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9.2. Prepare a Cost Sheet from the following information. (Even if the currency mentioned in the problem remains to be Indian Rupees, one can assume the same to be AED and solve. This is due to the fact that Practice problems are taken directly from the online examinations....) Opening stock of raw materials Purchase of raw materials Raw materials returned to suppliers Closing stock of raw materials Wages paid to: Productive workers Non-productive workers Salaries paid to office staff Carriage on raw materials purchased Rs. 25,000 Carriage on goods sold 70,000 Rent and rates of workshop 2,000 Fuel, gas and water etc. 18,800 Repairs to plant Depreciation on machinery 18,000 Office expenses 2,000 Direct chargeable expenses 5.000 Advertising 500 Abnormal loss of raw materials Rs 1,500 2.500 1,000 600 1.400 1,500 800 1.200 1.200 9.3. Prepare a Cost Sheet from the following: Opening Stock of RM-AED 40350, WIP-15000 and FG-39590 Closing Stock of RM-35000, WIP 14500 and FG-40030 Profit@ 25% on cost is targetedi Cost components are as under: Materials purchased ACD 250000 Wapes paid ALD 200000 Carriage Inward AED 2000 Consumable Stores ALD 10000

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