Gopal furnishes the following data relating to the manufacture of a standard product during the month of April:
|
Rs |
|
|
Raw materials consumed |
15,000 |
|
Direct labour charges |
9,000 |
|
Machine hours worked |
900 |
|
Machine hour rate |
Rs 5 |
|
Administrative overheads |
20% on works cost |
|
Selling overheads |
Rs 0.50 per unit |
|
Units produced: 17,100 |
|
|
Units sold: 18,000 |
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.