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The accounts of a machine manufacturing company disclose the following information for the six months ending 31 December, 2020. Prepare a cost sheet of the

The accounts of a machine manufacturing company disclose the following information for the six months ending 31 December, 2020. Prepare a cost sheet of the machines and calculate the price which the company should quote for the manufacture of a machine requiring materials valued Rs 1250 and expenditure in productive wages Rs 750 so that the price might yield a profit ( 20 % ) on the selling price.
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The accounts of a machine manufacturing company disclose the following information for the six months ending 31 December, 2020. Prepare a cost sheet of the machines and calculate the price which the company should quote for the manufacture of a machine requiring materials valued Rs 1250 and expenditure in productive wages Rs 750 so that the price might yield a profit 20% on the selling price

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