Job and estimated cost sheet in kannada explanation Cost Accounting 12 marks important problem

Job and estimated cost sheet in kannada explanation Cost Accounting 12 marks important problem


A factory uses job costing. The following data are obtained from its book fkr the year ended 31/12/2023.
Direct material ₹90000,
Direct wages ₹75000,
Factory overhead ₹45000,
Administration overhead ₹42000,
Selling and distribution overhead ₹52500,
Profit ₹60900,

Prepare a cost sheet including the Prime cost, work cost, production cost, cost of sales.

-In 2024, the Factory received on order for a number of jobs. It is estimated, that Direct material required will be ₹120000 and Direct labour will cost ₹75000 what should be the price for these jobs if Factory intend to earn same ratio of profit on sales assuming  that the selling and distribution overheads have gone up by 15%. The Factory recovers Factory overhead as a % of Direct wages andadministration overhead and selling and distribution overhead as a % of work cost based on cost rates prevailing in the previous year.

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A factory uses job costing. The following data are obtained from its book fkr the year ended 31/12/2023.
Direct material ₹90000,
Direct wages ₹75000,
Factory overhead #45000,
Administration overhead ₹42000,
Selling and distribution overhead ₹52500,
Profit ₹60900,

Prepare a cost sheet including the Prime cost, work cost, production cost, cost of sales.

- Liquidation of a Company || 4 Marks i...

#primecost
#calculation
#workcost
#productioncost
#coding #jobcosting #accounting
#costaccountant
#education
#hardwork
#motivation
#motivational
#successmindset success
#subscribe
#accounting
#accounting #accounting #accounting #accounting #accounting
#mindset

Please do subscribe if you like this video thankyou...........🙏

Job and estimated cost sheet in kannada explanation Cost Accounting 12 marks important problem

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#educationalvideo