The following particulars have been obtained from the cost records for the vear 1997: Materials used...
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The following particulars have been obtained from the cost records for the vear 1997: Materials used in manufacturing Materials used in primary packing Materials used in selling the product Materials used in the factory Productive Wages Factory Supervision expenses Materials used for office Chargeable expenses Indirect expenses - factory Administration expenses Depreciation on Factory Building Depreciation on Office Building Freight on materials purchased Depreciation on Delivery Van Salary paid to the driver of Delivery Van Advertisement Bad Debt Rs. 1,10,000 20,000 3,000 1,500 30,000 4,000 2,500 10,000 2,000 Rs. 3,000 3,500 1,500 5,000 1,000 3,600 2,000 1,500 Assume that all products manufactured during the year have been sold to earn a profit of 20% on selling price. The following particulars have been obtained from the cost records for the vear 1997: Materials used in manufacturing Materials used in primary packing Materials used in selling the product Materials used in the factory Productive Wages Factory Supervision expenses Materials used for office Chargeable expenses Indirect expenses - factory Administration expenses Depreciation on Factory Building Depreciation on Office Building Freight on materials purchased Depreciation on Delivery Van Salary paid to the driver of Delivery Van Advertisement Bad Debt Rs. 1,10,000 20,000 3,000 1,500 30,000 4,000 2,500 10,000 2,000 Rs. 3,000 3,500 1,500 5,000 1,000 3,600 2,000 1,500 Assume that all products manufactured during the year have been sold to earn a profit of 20% on selling price.
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