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The following data relate to the manufacturing of a standard product during the four weeks ending on 3 1 March 2 0 2 1 :

The following data relate to the manufacturing of a standard product
during the four weeks ending on 31 March 2021:
Raw materials consumed Rs.20,000
Direct wages Rs.12,000
Machine hours worked 1,000 hours
Machine-hour rate Rs.2 per hour
Adm. overhead related to production 20% on works cost
Selling overheads Rs.0.40 per unit
Units produced 20,000 units
Units sold at Rs.3 each 18,000 units
Prepare a Cost Sheet and show the profit.
Ans: Profit: Rs.10080
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