Gopal furnishes the following data relating to the manufacture of a standard product during the month of April 1984: Raw materials consumed Rs 15,000 Direct labour charges Rs 9,000 Machine hours worked 900 Machine hour rate Rs 5 Administrative overheads 20% on works cost Selling overheads Re 0.50 per unit Units produced 17,100 Units sold 16,000 at Rs 4 per unit You are required to prepare a cost sheet from the aforementioned data showing (a) the cost per unit and (b) profit per unit sold and profit for the period.

Gopal furnishes the following data relating to the manufacture of a standard product during the month of April 1984: Raw materials consumed Rs 15,000 Direct labour charges Rs 9,000 Machine hours...

Gopal furnishes the following data relating to the manufacture of a standard product during the month of April 1984:

Raw materials consumed	Rs 15,000
Direct labour charges	Rs 9,000
Machine hours worked	900
Machine hour rate	Rs 5
Administrative overheads	20% on works cost
Selling overheads	Re 0.50 per unit
Units produced	17,100
Units sold	16,000 at Rs 4 per unit

You are required to prepare a cost sheet from the aforementioned data showing (a) the cost per unit and (b) profit per unit sold and profit for the period.

Dec 25, 2021

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Gopal furnishes the following data relating to the manufacture of a standard product during the month of April 1984: Raw materials consumed Rs 15,000 Direct labour charges Rs 9,000 Machine hours...

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