The cost sheet of a manufacturing company is given below: Particulars Opening stock of materials Add:...

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The cost sheet of a manufacturing company is given below: Particulars Opening stock of materials Add: Purchases Less: Closing stock of materials Material consumed Add: Direct wages Chargeable expenses Prime cost Factory overheads Factory cost Office and administrative bverheads Cost of production Add: Opening stock of finished goods (500 units) Less: Closing stock of finished goods (1000 units) Cost of goods sold Selling and distributions expenses Total cost Profit Sales revenue (1,500 units) . Amount Amount 20,000 40,000 (10,000) 50,000 40.000 10,000 1,00,000 40,000 Required Estimated cost statement assuming selling price per unit remains constant 1,40,000 28,000 1,68,000 42,000 84,000 1,26,000 4,500 The company expects to produce 2.500 units in the coming year. The following additional information is forwarded for consideration: 1,30,500 19,500 1,50,000 Cost of raw materials is increased by 15% Wages are decreased by 10% Chargeable expenses change in same proportion to the output Amount of factory overheads and office and administration overheads remain constant Selling and distribution expenses per unit remain unchanged Selling price per unit remains unchanged The cost sheet of a manufacturing company is given below: Particulars Opening stock of materials Add: Purchases Less: Closing stock of materials Material consumed Add: Direct wages Chargeable expenses Prime cost Factory overheads Factory cost Office and administrative bverheads Cost of production Add: Opening stock of finished goods (500 units) Less: Closing stock of finished goods (1000 units) Cost of goods sold Selling and distributions expenses Total cost Profit Sales revenue (1,500 units) . Amount Amount 20,000 40,000 (10,000) 50,000 40.000 10,000 1,00,000 40,000 Required Estimated cost statement assuming selling price per unit remains constant 1,40,000 28,000 1,68,000 42,000 84,000 1,26,000 4,500 The company expects to produce 2.500 units in the coming year. The following additional information is forwarded for consideration: 1,30,500 19,500 1,50,000 Cost of raw materials is increased by 15% Wages are decreased by 10% Chargeable expenses change in same proportion to the output Amount of factory overheads and office and administration overheads remain constant Selling and distribution expenses per unit remain unchanged Selling price per unit remains unchanged

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Calculations Where Sales revenue 1500 units 150000 Total cost 130500 Profit 19500 Expected productio... View the full answer