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From the following particulars pertaining to a manufacturing unit for the year 2021-22 2022/1 (a) prepare a Cost Sheet showing: (i) Material Consumed (ii)

From the following particulars pertaining to a manufacturing unit for the year 2021-22 2022/1 (a) prepare a Cost Sheet showing: (i) Material Consumed (ii) Prime Cost (iii) Cost of production (iv) Total Cost (v) profit (b) Calculate: (i) % of production overheads to direct wages (ii) % of General overheads to Factory cost (iii) Percentage of profit to Sales Opening Stock of raw materials Opening stock of Work-in-progress 50850 75850 D

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