Find the Prime Cost, conversion Cost, Cost of production, total Cost and profit from the following: Direct
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Question:
- Find the Prime Cost, conversion Cost, Cost of production, total Cost and profit
from the following:
Direct Materials Rs.20000;
Direct Labor Rs. 10000;
Factory Expenses Rs. 7000;
Administration Expenses Rs. 5000; Selling Expenses Rs. 7000andSales Rs.60,000.
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