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please answer quickly Title [A]The following are the figures relating to the production of a commodity for the month of March,.. Description [A]The following are
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Title [A]The following are the figures relating to the production of a commodity for the month of March,.. Description [A]The following are the figures relating to the production of a commodity for the month of March, 2017: Partculars Particulars Stock on 1.3.2017 ---Raw materials 75.000 Works overheads 2.000 Stock on 1.3.2017---Finished goods 75,000 office and administratve overheads 3.000 Work-in-progress on 13.2017 5.000. Selling expenses 2.000 Work-in-progress on 31.3.2017 3.000 Sales 1.77.000 Stock on 31.3.2017.-Raw materials 50.000 Purchase of raw materials 1,00.000 Stock on 31.3 2017 --Finished goods 53.000. Direct wages 5.000 Prepare a statement showing Prime Cost, Total Cost and Net Profit for the month. [B]A manufacturing concern requires a statement showing the results of its production for the month of September, 2016. The cost records give the following information : Particulars Particulars Sock on 1.9 2016--Raw materials 1,00.000 Sales 2.84,000 Sock on 1.9 2016 Finished goods 71,500 Direct wages 70,000 Sock on 30.9.2016 - Raw materials 1,23,500 Indirect wages 2,500 Sock on 30.9.2016... Finished goods 42,000 Works charges 37,000 Purchase of materials 88000 Administrative expenses 13,000 Work-in-progress on 1.9.2016 31,000 Seling and distributing expenses 15,000 Work-in-progress on 30.9.2016 34,500 You are asked to prepare a cost sheet showing: (a) Prime cost (b) Works cost: (c) Cost of production; (d) Cost of goods sold: (e) Cost of sales, and (1) Profit. 0.274:A.How a non-profit organisation is formed ? B. What are the characteristics of non-profit organisation ? C. What are the books of accunts maintained by a non-profit organisation ? D. What are the non-acounting records maintained by the non-profit organisation ? E.What do you mean by Non-Profit Organisation ? Q.275:A. Distinguish between non-profit organisation and profit seeking organisations. B. What are the main features of Receipts and Payments Account? C. What are the main features of Income and Expenditure Account? D. Distinguish between Receipts and Payments Account and Income and Expenditure Account E. How do you treat the following at the time of preparation of final accounts of a non-profit organisation ? (1) Donations (it) Legacy () Life Membership Fees (lv) Admission Fees (V) Sectional SubscriptionsStep by Step Solution
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