Raw materials consumed =15,000 Direct labour charges =9,000 Machine hours worked -900 hrs Machine hour rate=5 per hr Administrative overheads -20% on works cost Selling overheads=0.50 per unit Units produced= 17,100 Units sold= 16,000, Selling price= 4 per unit. Prepare (a) the cost per unit b) profit per unit sold and profit for the period.

Raw materials consumed =15,000 Direct labour charges =9,000 Machine hours worked -900 hrs Machine hour rate=5 per hr Administrative overheads -20% on works cost Selling overheads=0.50 per unit Units produced= 17,100 Units sold= 16,000, Selling price= 4 per unit. Prepare (a) the cost per unit b) profit per unit sold and profit for the period.

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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Po.8.
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