M/s Indu Industries Ltd. are the manufacturers of moonlight torches. The following data relate to manufacture of

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M/s Indu Industries Ltd. are the manufacturers of moonlight torches. The following data relate to manufacture of torches during the month of March 2007:

Prepare Cost Sheet showing the cost and the profit per unit and the total profit earned.

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Posted: Sep 05, 2023 06:19 AM

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M/s Indu Industries Ltd. are the manufacturers of moonlight torches. The following data relate to manufacture of

Question:

Raw material consumed Direct wages Machine-hour worked Machine-hour rate Office overheads Selling overheads Units produced Unit sold Rs. 20,000 Rs. 12,000 9,500 hours Rs. 2 20% of works cost Re. 0.50 per unit 20,000 18000 @ Rs. 5 per unit

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Cost Accounting

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