it is customary to fix the selling price by adding 20 to the total cost prepare a co 555951

The following details relating to a factory are available for the month of March 1999:

Particulars

Rs

Particulars

Rs

Materials used:

Labour used:

In manufacturing

80,000

For production

25,000

In primary Packing

20,000

For factory supervision

5,000

In the factory

2,000

Office salaries

6,000

In the Office

4,000

Salespeople’s salaries

8,000

In selling

5,000

Expenses:

In Secondary packing

6,000

Direct

2,000

Depreciation:

Factory

6,000

Factory

4,000

Office

4,000

Office

3,000

Selling

5,000

Distribution vans

2,000

Distribution

2,000

It is customary to fix the selling price by adding 20% to the total cost. Prepare a cost sheet showing the profit for the month.

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