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Answer fast in 5 minutes please The following figures have been obtained from the records of a company engaged in execution of civil contracts for
Answer fast in 5 minutes please
The following figures have been obtained from the records of a company engaged in execution of civil contracts for the year ended on 30th March 21: Question 3 Not yet answered Marked out of 5.00 Flag question Values in INR 1,00,01,960 70,89,860 18,63,682 Particulars of Cost Cost of Material Consumed in production Wages paid to production workers Direct Expenses Works Overheads - at 25% of Direct Wages Administration Overheads - 10% of Works Cost Selling Overheads - at 8% of cost of production Distribution Overheads - at 24% of selling overheads Profit 38,60,000 You are required to prepare the cost sheet showing the Total Sales and the Profit as a % of cost and as a % of sales Step by Step Solution
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