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indian account Rs. 80 und following Excmpler A Ltd huve falleuting information Expected as on alala Direct Materal cost ru Dinted lubow Cost PU 2
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Rs. 80 und following Excmpler A Ltd huve falleuting information Expected as on alala Direct Materal cost ru Dinted lubow Cost PU 2 Re sound Production overheads Rs.100 C80% Veuble Administration overheads Rs. So (ger fred) Selling & distribution over heels Rs. 50 (407 Axed) fuither information finm applies absorption sete for fixed Paoduction overheads RS. PO closing stock as on atlalig 400 units celued cet R1 92000 During the yeur 41500 units produced & installed capacity is to peoduce 6ooo units pula You are sewned to prepare income statement for your 2019-20 cwith the help of follewing 'withes intermction During the year 2019-20 5.000 unik produced All fixed oves heads impressed us unders- Production by Rs. 90,000, Administrative & Distaibution both increase by 10% cotch. Selling o During the yeur lesbour cost' in wredsed by Rs. 10. P.U. @ 5200 units sold out Rs.450. 4 You wie Medwired to prepwie income statement following ubsorption cesting, as well as Mwiginel casting & also prepare statement of neconsilicetion for the year 2019. 20Step by Step Solution
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