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I need the answer as soon as possible Please 100% correct within few minutes or else skip 27 Sreelekha Mfg. Co. manufactures two types of
I need the answer as soon as possible
Please 100% correct within few minutes or else skip 27 Sreelekha Mfg. Co. manufactures two types of pens P and Q. The cost data for the year ended 30th June, 2012 is as follows: Rs. Direct materials 4,00,000 Direct wages 2,24,000 Production overhead 96,000 7,20,000 It is further ascertained that : (a) Direct materials in type P cost twice as much direct materials as in type Q. (b) Direct wages for type Q were 60% of those for type P. (c) Production overhead was of the same rate for both types. (d) Administration overhead for each was 200% of direct labour. (e) Selling costs were 50 paise per pen for both types. (f) Production during the year (in units) : Type P 40,000 Type Q 1,20,000 (g) Sales during the year (in units) : Type P 36,000 Type Q 1,00,000 (h) Selling prices were Rs. 14 per pen for type P and Rs. 10 per pen for type Q. Prepare a statement showing per unit cost of production, total cost, profit and also total sales value and profit separately for the two types of pen P andStep by Step Solution
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