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Problem 5 Prepare cost sheet from the following particular in the book of M/s Konika LLC Raw material purchased Expenses on purchase = RO
Problem 5 Prepare cost sheet from the following particular in the book of M/s Konika LLC Raw material purchased Expenses on purchase = RO 1, 20,000 Wages paid to labor Directly chargeable expenses Factory on cost = Ro 10,000 = Ro 35,000 = Ro 25,000 = 20% of prime cost General and administrative expenses = 4% of factory cost Selling and distribution expenses = 5% of production cost Profit 20% on cost of goods sold
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