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The following figures for the month of March, 2015 were extracted from the cost records of ABC company, Raw materials consumed Rs.4,000 Direct labour cost
The following figures for the month of March, 2015 were extracted from the cost records of ABC company,
Raw materials consumed Rs.4,000
Direct labour cost Rs. 6,000
Factory overhead Rs. 500
Adminsitration overhead 20% on works cost. Selling & distribution overhead 6 paise per unit.
Units produced : 20,000:
Units sold ( at a profit of 20% of selling price): Rs. 18,000
You are required to prepare a cost sheet showing profit for the monthof March 2015.
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