Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mr. c manufactures latex from the rubber plants gr

Mr. C manufactures latex from the rubber plants grown by him in India. These are...

70.2K

Verified Solution

Question

Accounting

image

Mr. C manufactures latex from the rubber plants grown by him in India. These are then sold in the market for 730 lacs. The cost of growing rubber plants is 7 10 lacs and that of manufacturing latex is 18 lacs. Compute his total income

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students