calculate prime cost from the following Stock of raw material on 1st January, 2020 Rs 40,000 Stock of raw materials on 31st march, 2020 Rs 60,000 Purchase of raw materials during the period Rs 1,50,000 Paid for direct labour Rs 30,000 Direct expenses Rs 4000 carriage inwards Rs 1000 carriage outwards Rs 2000.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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calculate prime cost from the following Stock of raw material on 1st January, 2020

Rs 40,000 Stock of raw materials on 31st march, 2020 Rs 60,000 Purchase of raw materials during the period Rs 1,50,000 Paid for direct labour Rs 30,000 Direct expenses Rs 4000 carriage inwards Rs 1000 carriage outwards Rs 2000.

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