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The production overheads are to be taken at 100% of wages and administration overheads at 20% of the production cost. The contract price of Job

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The production overheads are to be taken at 100% of wages and administration overheads at 20% of the production cost. The contract price of Job No. 1314. which is completed. is fixed at Rs. 55,000 . Job No. 1425 is under progress

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