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Rs. Direct materials 25,000 Indirect materials 5,000 Direct labour 30,000 Indirect labour 4,500 Factory overhead (excluding indirect materials and indirect labour) 15,000 Plant cost
Rs. Direct materials 25,000 Indirect materials 5,000 Direct labour 30,000 Indirect labour 4,500 Factory overhead (excluding indirect materials and indirect labour) 15,000 Plant cost Required: Compute the i. Prime costs ii. Conversion costs iii. Cost of production 500,000
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
