From the following particulars work out the issue rate per 1,000 each of first class and second class bricks : (a) Paid for supply at the kiln site for 30 lakhs first class bricks @ $ 30 per 1,000; (b) Paid for supply at the kiln site for 60 Lakhs second class bricks @ $ 25 (c) Paid carriage charges for carrying all bricks from kiln to store yard @ $ 1.50 per 1,000. (d) Paid unloading charges $. 90 (lump sum). (e) Paid for stacking in the store ard $180 (lump sump). (f) Breakage in handling: 1% for first class bricks, 2% for second class bricks.

From the following particulars work out the issue rate per 1,000 each of first class and second class bricks : (a) Paid for supply at the kiln site for 30 lakhs first class bricks @ $ 30 per 1,000; (b) Paid for supply at the kiln site for 60 Lakhs second class bricks @ $ 25 (c) Paid carriage charges for carrying all bricks from kiln to store yard @ $ 1.50 per 1,000. (d) Paid unloading charges $. 90 (lump sum). (e) Paid for stacking in the store ard $180 (lump sump). (f) Breakage in handling: 1% for first class bricks, 2% for second class bricks.

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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