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Q1. The following details have been extracted from Sam Ltd.'s books of accounts for the year ending March 31, 2023. The manager of the company
Q1. The following details have been extracted from Sam Ltd.'s books of accounts for the year ending March 31, 2023. The manager of the company is shared and divides his time between the factory and the office in the ratio of 20:80. You are required to compute: (a) prime cost, (b) factory overhead, (c) factory cost, (d) over head and (e) cost of sale. (10 Marks) Q1. The following details have been extracted from Sam Ltd.'s books of accounts for the year ending March 31, 2023. The manager of the company is shared and divides his time between the factory and the office in the ratio of 20:80. You are required to compute: (a) prime cost, (b) factory overhead, (c) factory cost, (d) over head and (e) cost of sale. (10 Marks)
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