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Unit Produced and Sold -50000, Opening FG worth 65000 , Closing FG 2000 Units Stock of RM -10000 on 1/1/2020 Stock of RM -20000 on 31/12/2020 RM Purchases -160000 Direct Wages – 75000 Direct Expenses – 25000 Factory Expenses -37500 Office Expenses -62500 Selling Expenses -25000 Prepare Cost sheet and find out cost per unit.

Unit Produced and Sold -50000, Opening FG worth 65000 , Closing FG 2000 Units Stock of RM -10000 on 1/1/2020 Stock of RM -20000 on 31/12/2020 RM Purchases -160000 Direct Wages – 75000 Direct Expenses – 25000 Factory Expenses -37500 Office Expenses -62500 Selling Expenses -25000 Prepare Cost sheet and find out cost per unit.

FINANCIAL ACCOUNTING
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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Unit Produced and Sold -50000, Opening FG worth 65000 , Closing FG 2000 Units

Stock of RM -10000 on 1/1/2020

Stock of RM -20000 on 31/12/2020

RM Purchases -160000

Direct Wages – 75000

Direct Expenses – 25000

Factory Expenses -37500

Office Expenses -62500

Selling Expenses -25000

Prepare Cost sheet and find out cost per unit.

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