NUMERICAL PROBLEMS LA company manufactures only a single product and the operating data for January 2015 are as followa: Product Cost per Unit: Materials 45 Direct Labour 30 Variable Factory Overheads Fixed Factory Overheads 15 70 160 Production 10,000 units Sales 8,000 units Selling Price per Unit Fixed Selling and Administration Exp. Variable Selling and Administration Exp. 7 240 7 1,60,000 * 90,000 bales ? 19,20,000; Value of Closing Stock 7 3.20.000; Gross Profit 6,40,000; Net Profit ? 3,90,000]

NUMERICAL PROBLEMS LA company manufactures only a single product and the operating data for January 2015 are as followa: Product Cost per Unit: Materials 45 Direct Labour 30 Variable Factory Overheads Fixed Factory Overheads 15 70 160 Production 10,000 units Sales 8,000 units Selling Price per Unit Fixed Selling and Administration Exp. Variable Selling and Administration Exp. 7 240 7 1,60,000 * 90,000 bales ? 19,20,000; Value of Closing Stock 7 3.20.000; Gross Profit 6,40,000; Net Profit ? 3,90,000]

Name: NUMERICAL PROBLEMSscompany manufactures only a single product and the
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Description: NUMERICAL PROBLEMSscompany manufactures only a single product and the operating data for January 2015 are as follows:eredmaybutProduct Cost per Unit :MaterialsemsDirect Labour45now30Variable Factory OverheadsFixed Factory Overheads1570160Production1

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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