From the trading account of a concern, prepare a cost sheet showing the cost of materials, used prime cost, cost of goods sold and profit per unit. Trading account for the year ending on 31 December 1994:
|
Particulars |
Rs |
|
Rs |
|
|
To Stock: |
By sales(3000 units) |
4,20,000 |
||
|
Finished goods |
40,000 |
By stock |
||
|
Raw materials |
12,000 |
Finished goods |
35,000 |
|
|
To purchases |
120,000 |
Raw materials |
14,000 |
|
|
To wages |
200,000 |
|||
|
To carriage |
10,000 |
|||
|
To gross profit |
87,000 |
|||
|
469,000 |
469,000 |