Noor engineering company's financial statements show the following information for the month of December 2020. You...
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Noor engineering company's financial statements show the following information for the month of December 2020. You are required to prepare the cost sheet and select the correct answer for the below questions. Particulars Amount (OMR) Opening stock of material 25,000 Closing stock of material 20,000 Raw material purchased 250,000 Wages paid to labours 100,000 Directly chargeable expenses 10,000 Rent and rates (factory) 25,000 Commission to travelling agents 5,000 Printing and stationery 1,000 Factory lighting 10,000 Factory insurance 5,000 Salesman salary 10,000 Electric power 10,000 Repair expenses of a delivery 2,500 van Noor engineering company's financial statements show the following information for the month of December 2020. You are required to prepare the cost sheet and select the correct answer for the below questions. Particulars Amount (OMR) Opening stock of material 25,000 Closing stock of material 20,000 Raw material purchased 250,000 Wages paid to labours 100,000 Directly chargeable expenses 10,000 Rent and rates (factory) 25,000 Commission to travelling agents 5,000 Printing and stationery 1,000 Factory lighting 10,000 Factory insurance 5,000 Salesman salary 10,000 Electric power 10,000 Repair expenses of a delivery 2,500 van
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