Question: I need the answer as soon as possible From the following particulars, prepare a Cost Sheet showing (1) Cost of Materials Consumed (2) Prime Cost

I need the answer as soon as possible I need the answer as soon as possible From the following particulars,

From the following particulars, prepare a Cost Sheet showing (1) Cost of Materials Consumed (2) Prime Cost (3) Factory Cost (4) Cost of Production and (5) Profit Opening stock of raw materials Opening stock of work in progress Opening stock of finished goods Raw materials purchased Direct wages Sales for the year Closing stock of raw materials Closing stock of work in progress Factory overhead Direct expenses Office and Administrative overhead Selling and Distribution expenses Rs. 20,000 10,000 50,000 5,00,000 3,80,000 12,00,000 75,000 15,000 80,000 50,000 60,000 30,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!