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solve fast The accounts of Sharp Manufacturing Co. for the year ended 31st March, 2021, give the following data: Production wages 360,000 428,200 41,000 1,100,000
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The accounts of Sharp Manufacturing Co. for the year ended 31st March, 2021, give the following data: Production wages 360,000 428,200 41,000 1,100,000 12,000 25,800 7,400 9,000 Direct material used Chargeable expenses Sales Power and Fuel Office salaries Carriage outward Bad debts written off Rent , rates and taxes (i) Office (ii) Works Travelling expenses Travellers' salaries and commission Depreciation on plant and machinery Depreciation on office furniture Gas and water (31 4 Factory, 1/ 4 Office) Manager's salary (3/ 4 Factory, 1/ 4 Office) General expenses Hire of crane 6,000 17,400 8,600 14,500 8,500 4,000 13,600 36,000 10,000 11,000 Prepare a statement showing (i) Prime Cost (ii) Factory Cost and (iii) Total Cost and (iv) Net ProfitStep by Step Solution
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