Question: Prepare a cost sheet from the above data. 4. Prepare a cost sheet of the following data relating to the manufacture of Jeans: Number of

 Prepare a cost sheet from the above data. 4. Prepare a

Prepare a cost sheet from the above data.

4. Prepare a cost sheet of the following data relating to the manufacture of Jeans: Number of Jeans manufactured during the month 1,000 Rs, Direct materials consumed 20,000 Direct labour 8,000 Indirect labour (in factory) 2,500 Supervision costs (in factory) 1,000 Factory premises rent 1,600 Factory lighting 600 Oil for machines Depreciation of machines 500 Office overheads 8,000 Office salaries 2,000 Misc. office expenses 1,000 Selling and distribution overheads 6,000 Note: A profit margin of 20% on the total cost of goods is expected on the sale of Jeans. 100

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