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The following data relate to the manufacture of a standard product during a four week period ending June 30, 2019: (in ) Rs

Accounting Jan 16, 2021

The following data relate to the manufacture of a standard product during a four week period ending June 30, 2019: (in ) Rs.

DM                                                  3000

Wages                                              7000

Machine hours worked                    1000

Machine hour rate                            0.50

Office OH @ 20% on work cost

Selling OH per unit                          0.06

Units produced                                 20000

Units sold @ Re. 1 per unit              17000

Prepare cost sheet for total and per unit; and profit total and per unit 

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