A factory has undertaken a contract for manufacturing of 8000 articles and the following information has been obtained : For each article Material cost Direct wages Selling price | The overhead charges consists of(a) Fixed Rs. 24000 (b) Variable Rs. 14400 (c) Semi variable ( of which 60% is fixed ) Rs.9600. Calculate the profit per article. What would be the profit per article, if the number of articles manufactured were 10000, the total fixed overhead charges remain unchanged. Rs. 24 20 70

A factory has undertaken a contract for manufacturing of 8000 articles and the following information has been obtained : For each article Material cost Direct wages Selling price | The overhead charges consists of(a) Fixed Rs. 24000 (b) Variable Rs. 14400 (c) Semi variable ( of which 60% is fixed ) Rs.9600. Calculate the profit per article. What would be the profit per article, if the number of articles manufactured were 10000, the total fixed overhead charges remain unchanged. Rs. 24 20 70

Name: A factory has undertaken a contract for manufacturing of 8000 article
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Description: A factory has undertaken a contract for manufacturing of 8000 articles and the followinginformation has been obtained :For each articleQ.3Rs.Material cost24Direct wagesSelling price2070The overhead charges consists of(a) Fixed Rs. 24000 (b) Variable

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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