The accounts of RIX Itd for the year ended December 2019 shows the following: Particulars Rs. Particulars Rs. 6,500 Material Purchased 1,85,000 Factory office salary General office salary Carriage outward 12,600 Travelling expenses 2,100 4,300 Traveller's salary and 7,700 commission 7,150 Productive wages 1,26,000 Carriage on purchase Repairs of plant 4,450 Depreciation:- Rent, Rent & Taxes:- Plant & Machinery 6,500 Factory 8,500 Furniture 300 Office 2,000 Directors' fees 6,000 Sales Gas and Water: Stock of materials: Factory 1,200 Managers' salary (3/4th Factory and 1/4th Office) 4,61,100 31st December 2018 62,800 31st December 2019 48,000 General expenses 3,400 Prepare a cost sheet from the above information. Office 400 10,000

The accounts of RIX Itd for the year ended December 2019 shows the following: Particulars Rs. Particulars Rs. 6,500 Material Purchased 1,85,000 Factory office salary General office salary Carriage outward 12,600 Travelling expenses 2,100 4,300 Traveller's salary and 7,700 commission 7,150 Productive wages 1,26,000 Carriage on purchase Repairs of plant 4,450 Depreciation:- Rent, Rent & Taxes:- Plant & Machinery 6,500 Factory 8,500 Furniture 300 Office 2,000 Directors' fees 6,000 Sales Gas and Water: Stock of materials: Factory 1,200 Managers' salary (3/4th Factory and 1/4th Office) 4,61,100 31st December 2018 62,800 31st December 2019 48,000 General expenses 3,400 Prepare a cost sheet from the above information. Office 400 10,000

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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