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I need the answer as soon as possible Don't answer if you don't know and within 10 minutes 8 The following information is available from
I need the answer as soon as possible
Don't answer if you don't know and within 10 minutes 8 The following information is available from costing records of a mini steel plant engaged in the production of steel : Minerals Primary packing materials Semi-processed ore Finished ingots Secondary packing materials Stock records 31.12.10 31.12.11 Rs. Rs. 10,00,000 4,00,000 80,000 30,000 7,00,000 2,00,000 6,00,000 1,50,000 40,000 20,000 31.12.11 Rs. 60,000 22,000 ces 8,00,000 Additionat tion: Cold rolling mill Drawing office expens. Productive labour Discount received Insurance of minerals Special moulds for casting taken on hire Discount allowed Interest on capital Captive power plant expenses Gas turbine running costs Water treatment plant expenses Purchase of minerals Leasehold office building at cost (50 years lease) The steel produced is sold at a profit of 20% on the selling price. From the above information you are required to prepare a cost sheet for ti. 7,500 27,000 1,00,000 1,650 2,000 17,000 35,000 65,000 12,00,000 25,00,000 ar ended 31st December, 2011Step by Step Solution
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