from the trading account of a concern prepare a cost sheet showing the cost of mater 555955

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

Particulars

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

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