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Question
Practical Problems on
Cost Sheet
Remark
Q.1.
Illustration [7]
From ICAI-CMA
Study Material
Q.2. X Ltd. Provides you the following figures for the year 2011-12:
Particulars
---------------------------------------------------------------------Direct Material
Direct Wages
Production Overheads (25% variable)
Administration Overheads (75% Fixed)
Selling and Distribution Overheads (2/3rd Fixed)
Sales @ Rs. 125 per unit
-------------------------------------------------------------------For the year 2012-13, it is estimated that:
`
3,20,000
8,00,000
4,80,000
1,60,000
2,40,000
25,00,000
Illustration [6]
From ICAI-CMA
Study Material
25%.
(iv) If Profit per unit Rs. 10 is to be earned.
Illustration [1]
From ICAI-CMA
Study Material
Prepare:
(a) Job cost sheet for job number A 77 and A 99.
(b) Determine the selling price for the jobs.
(c) Calculate the value of work in process.
Q.4. An engineering company produces a standard metallic
Direct Labour
Overheads
Foundry
Machining
Assembly