Question
Q3 The records of Flex Assembling Co. for the year finished 31st March, 2013, show the accompanying data : ' Creation compensation 2,50,000 Direct material
Q3 The records of Flex Assembling Co. for the year finished 31st March, 2013, show the accompanying
data :
'
Creation compensation 2,50,000
Direct material utilized 3,18,200
Chargeable costs 30,000
Deals 7,80,000
Drawing office pay rates 10,000
Counting office pay rates 18,800
Money markdown permitted 3,000
Carriage outward 5,400
Terrible obligations discounted 8,500
Lease, rates and duties
(I) Office 4,000
(ii) Works 15,400
Voyaging costs 3,600
Explorers' compensations and bonus 8,500
Deterioration on plant and hardware 6,500
Devaluation on office furniture 1,000
Chiefs' charge 12,000
Gas and water (3/4 Production line, 1/4 Office) 2,800
Administrator's compensation (3/4 Plant, 1/4 Office) 24,000
General costs 4,000
Recruit of crane 5,000
Gifts to magnanimous trust 2,000 Prepare a statement showing(I) Prime Expense (ii) Industrial facility Cost and (iii) Total Expense and (iv) Net Benefit.
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