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Mr. Gopal furnishes the following data related to the manufacturing of a product during the month of April 2004. Raw .Materials ConsumedDirect Labour Charges Machine

Mr. Gopal furnishes the following data related to the manufacturing of a product during the month of April 2004.

Raw .Materials ConsumedDirect Labour Charges

Machine Hou$ Worked

Machine Hour Rate ($.)

Administrative Overheads

Selling Overheads

Units Produced

Units Sold

@ $. 4 per unit

$15,000

9,000

900

5

20% on works cost

Res.0.50 per unit

17,100

16,000

 

You are required to prepare a cost sheet from the above showing 

(i) the cost of production per unit 

(ii) profit per unit sold and profit for the period.

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