Question
Q.3. Calculate various costs, profit and sales with the help of the following information: Selling expenses SR 5,000 Telephone charges SR 9,000 Opening Stock of
Q.3. Calculate various costs, profit and sales with the help of the following information:
| Selling expenses | SR 5,000 |
| Telephone charges | SR 9,000 |
| Opening Stock of Raw Material | SR 7,400 |
| Freight Charges | SR 4,000 |
| Closing Stock of Finished goods | SR 6,000 |
| Opening Finished Goods | SR 9,500 |
| Depreciation of Factory Plant | SR 8,000 |
| Opening Stock of Work in Process | SR 10,000 |
| Factory Insurance | SR 6,500 |
| Closing Stock of Work in Process | SR 8,600 |
| Closing Stock of Material | SR 5,000 |
| Office Expenses | SR 4,500 |
| Direct labor | SR 2,000 |
| Office Insurance | SR 4,000 |
| Direct Material | SR 20,000 |
| Profit | 25% of Sales |
Answer:
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