I need perfect answer otherwise I will give downvotes 10 The following information has been obtained from the .records of Sumanth& Co. for the period of June 2013. Prepare a cost sheet and profit for the period.Particulars1st June 30th June Rs.25.00015.00055.0004,50.0002,30.00092.00030,00020.0009.00.000Rs.Stock of raw materialsWork in progressStock of finished goodsPurchases of raw materialsWagesFactoty overheadsAdministration overheadsSeling &Distribution overheadsSales30,00012,00060,000

Cost sheet is a report which represents various costs connected with the product or production job…

Answered: 10 The following information has been…

10 The following information has been obtained from the .records of Sumanth & Co. for the period of June 2013. Prepare a cost sheet and profit for the period. Particulars 1st June 30th June

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

I need perfect answer otherwise I will give downvotes

10 The following information has been obtained from the .records of Sumanth
& Co. for the period of June 2013. Prepare a cost sheet and profit for the period.
Particulars
1st June 30th June

Rs.
25.000
15.000
55.000
4,50.000
2,30.000
92.000
30,000
20.000
9.00.000
Rs.
Stock of raw materials
Work in progress
Stock of finished goods
Purchases of raw materials
Wages
Factoty overheads
Administration overheads
Seling &Distribution overheads
Sales
30,000
12,000
60,000

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