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Cost of sales and profit determination The following data relate to the manufacture of a standard product during a four week period ending June 30,

Cost of sales and profit determination

The following data relate to the manufacture of a standard product during a four week period ending June 30, 2013:

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Prepare a cost sheet showing the cost per unit and profit for the period.

Preview File Edit View Go Tools Window Help 2 Sun 26 Sep 10:42 PM Q Search + Problem set 1.pdf Page 3 of 3 Powsvorcuwwvce relate how to take screenshot in, Prepare a cost sheet Problem 4: Cost of sales and profit determination The following data relate to the manufacture of a standard product during a four week period ending June 30, 2013: Rs Raw materials consumed 4000 Wages 6000 Machine hours worked 1000 Machine hour rate 0.50 Office overhead @ 20% on works cost Selling overhead per unit 0.06 Units produced 20000 Units sold (at Re 1 per unit) 18000 Prepare a cost sheet showing the cost per unit and profit for the period. BE ity

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