Mr. Gopal furnishes the following data related to the manufacturing of a product during the month of April 2004.

Raw .Materials ConsumedDirect Labour Charges Machine Hou$ Worked Machine Hour Rate ($.) Administrative Overheads Selling Overheads Units Produced Units Sold @ $. 4 per unit

$15,000 9,000 900 5 20% on works cost Res.0.50 per unit 17,100 16,000

 

You are required to prepare a cost sheet from the above showing 

(i) the cost of production per unit 

(ii) profit per unit sold and profit for the period.

Answer rating: 100% (QA)

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