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.