The following data relate to the manufacture of a product during the month of April:
|
Raw materials consumed |
80,000 |
|
Direct wages |
48,000 |
|
Machine hours worked |
8,000 hours |
|
Machine hour rate |
Rs. 4. |
|
Office overhead 10% on Works cost |
|
|
Selling overhead |
Rs. 1.50 per unit |
|
Units produced |
4,000 units |
Units sold 3,600 units @ Rs. 50 each
Prepare a cost sheet and show
- Cost per unit and
- Profit for the period.