Following data relates to Zain & Co, Rupees 80,000 51,000 230,000 94,000 79,000 66,000 44,000 Opening stock of raw material Opening stock of work in process Purchases of raw material Direct labor cost Factory overheads Closing stock of raw material Closing stock of work in process Required: 1) Total Factory cost Prime cost 2)

Following data relates to Zain & Co, Rupees 80,000 51,000 230,000 94,000 79,000 66,000 44,000 Opening stock of raw material Opening stock of work in process Purchases of raw material Direct labor cost Factory overheads Closing stock of raw material Closing stock of work in process Required: 1) Total Factory cost Prime cost 2)

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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