Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the accounts of a machine manufacturing company di

The accounts of a machine manufacturing company disclose the following information for the six months...

60.1K

Verified Solution

Question

Accounting

The accounts of a machine manufacturing company disclose the following information for the six months ending 31 December, 2020. Prepare a cost sheet of the machines and calculate the price which the company should quote for the manufacture of a machine requiring materials valued Rs 1250 and expenditure in productive wages Rs 750 so that the price might yield a profit ( 20 % ) on the selling price.
image
The accounts of a machine manufacturing company disclose the following information for the six months ending 31 December, 2020. Prepare a cost sheet of the machines and calculate the price which the company should quote for the manufacture of a machine requiring materials valued Rs 1250 and expenditure in productive wages Rs 750 so that the price might yield a profit 20% on the selling price

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