from the following information prepare a cost sheet for the month of december 1989 555956

From the following information, prepare a cost sheet for the month of December 1989:

Rs

Stock on hand—1 December 1989:

Raw materials

25,000

Finished goods

17,300

Stock on hand—31 December 1989:

Raw materials

26,200

Finished goods

15,700

Purchase of raw materials

21,900

Carriage on purchases

1,100

WIP, 1 December 1989 at works cost

8,200

WIP, 31 December 1989 at works cost

9,100

Sale of finished goods

72,300

Direct wages

17,200

Non productive wages

800

Direct expenses

1,200

Factory overheads

8,300

Administration overheads

3,200

Selling and distribution overheads

4,200

Submit a Comment