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The following particular$ are extracted from the books of a company relating to commodity Aplha for the half year ending 30 th June 2022. Purchase
The following particular$ are extracted from the books of a company relating to commodity Aplha for the half year ending 30 th June 2022. Purchase of raw materials 130,000 Direct wages 100,000 Rent, rates, insurance and works on cost 45,000 Carriage inward 1,500 Stock on 1-1-2022 Raw materials 20,000 Finished products (1,600 tones) 17600 Stock on 30-6-2022 Raw materials 25,000 Finished products (3,200 tones) 37,600 Work-in-progress on 1-1-2022 4,500 Work-in-progress on 30-6-2022 16,000 Factory supervision 10,000 Sales Finished product 300,000 Advertising discount allowed and selling cost at Re.0.50 per ton sold. 25,000 tons of commodity was sold during the period. You are required to ascertain: 5) By Consider the above mentions table, calculate the Prime Cost: (Select any one option) a) 226,500* b) 230,500 c) 126,500 d) 326,500 6) What will be Cost of Sales? (Select any one option) a) 262,500* b) 372,500 c) 172.400 d) 622,500 7) What will be Profit after calculating the Cost of sale? a)27,500 b) 37,500* c)17,500 d) 10,500
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