Prepare the cost sheet to show the total cost of production and cost per unit of...

Transcribed Image Text:

Prepare the cost sheet to show the total cost of production and cost per unit of goods manufactured by a company for the month of July 2012. Also find out the cost of sales. Stock of raw materials 1-7-2012 Raw materials purchased Stock of raw materials 31-7-2012 Manufacturing wages Depreciation of plant Loss on sale of a part of plant Factory rent and rates Office rent General expenses Discount on sales Advertisement expenses to be fully charged Income-tax paid The number of units produced during July, 2012 was 3,000 28,000 4,500 7,000 1,500 300 3,000 500 400 300 600 2,000 3,000. The stock of finished goods was 200 and 400 units on 1-7-2012 and 31-7-2012 respectively. The total cost of units on hand on 1-7-2012 was Rs. 2,800. All these have been sold during the month. Prepare the cost sheet to show the total cost of production and cost per unit of goods manufactured by a company for the month of July 2012. Also find out the cost of sales. Stock of raw materials 1-7-2012 Raw materials purchased Stock of raw materials 31-7-2012 Manufacturing wages Depreciation of plant Loss on sale of a part of plant Factory rent and rates Office rent General expenses Discount on sales Advertisement expenses to be fully charged Income-tax paid The number of units produced during July, 2012 was 3,000 28,000 4,500 7,000 1,500 300 3,000 500 400 300 600 2,000 3,000. The stock of finished goods was 200 and 400 units on 1-7-2012 and 31-7-2012 respectively. The total cost of units on hand on 1-7-2012 was Rs. 2,800. All these have been sold during the month.

Answer rating: 100% (QA)

To prepare the cost sheet and show the total cost of production and cost per unit of goods manufactured by the company for the month of July 2012 and ... View the full answer