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The following data is available for Lucky Soap Manufacturing Co for the year ended 31st March 2020: - Particulars Amt (Rs) Stock of Materials: Opg

The following data is available for Lucky Soap Manufacturing Co for the year ended 31st March 2020: -

Particulars                                                                    Amt (Rs)

Stock of Materials: Opg                                                         1, 75,000

Closing stock                                                                          2, 00,000

Materials purchased during the year                                   7, 50,000

Direct wages paid                                                                  2, 25,000

Indirect Wages                                                                           28,000

Salaries to administrative staff                                                40,000

Repairs to plant and machinery                                               36,800

Electricity Charges                                                                    50,000

Office Expenses                                                                            7,300

Travelling expenses                                                                   18,000

Sales men have and commission                                               28,000

Depreciation written off: Plant and machinery                        36,400

Depreciation written off: Office Furniture                                  5,400

Office Manager's salary                                                              48,000

Rent, rates and Taxes- Office                                                       7,500

Rent, rates and Taxes- Factory                                                  12,000

Fuel                                                                                              64,000

a. Calculate the Factory overheads and Other Overheads. (5 Marks)

b. Assist the MD of the company in calculating the following:- - 

  • Prime Cost
  • Factory Cost and
  • Cost of Sale

Minimum Sales amount if the profit margin has to be fixed at 20% on Cost. (5 Marks)


The answer should be in a word format, Not writing in-plane paper. It should be a plagiarism-free. And a min of 800 words 

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