Prepare a Cost sheet showing cost per cabinet and profit per cabinet from the following...
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Accounting
Prepare a Cost sheet showing cost per cabinet and profit per cabinet from the following particulars. The cabinets manufactured are named as 'A' and 'B'. There is no opening or closing stock of cabinets. Cabinet A Materials Labour Number Sold Selling Price per unit Rs.12,400 Rs.22,540 520 Rs.150 Cabinet B Rs.13,232 Rs.25,358 780 Rs.110 Works overhead comes to 100% on labour and office overheads to 25% on Works cost. What is the total profit for the year as per the above particulars?
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