Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 26 Sep 2017 My Price 2.00

cost of production

A factory produces 100 units of a commodity. The cost of production is as follows:

 

Rs

Direct materials

10,000

Direct wages

5,000

Direct expenses

1,000

Factory overheads

6,500

Administrative overheads

3,480

If a profit of 25% on sales is to be realized, what would be the selling price of each unit of the commodity? Prepare the cost sheet.

Answers

Maurice Tutor
(5)
Status NEW Posted 26 Sep 2017 02:09 PM My Price 2.00

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