Following information is available about a company: Cost per unit: Raw Materials ₹ 25; Labour ₹ 10; Variable Cost ₹ 5; Selling Price ₹ 50 per unit. Fixed Overheads for the year ₹ 20,000. Sales and production was 10,000 u

CS Executive · Corporate and Management Accounting · PYQS · December 2024
Following information is available about a company: Cost per unit: Raw Materials ₹ 25; Labour ₹ 10; Variable Cost ₹ 5; Selling Price ₹ 50 per unit. Fixed Overheads for the year ₹ 20,000. Sales and production was 10,000 units. You are required to calculate total contribution.
(A) NIL
(B) ₹ 1,50,000
(C) ₹ 50,000
(D) ₹ 1,00,000

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Cost Accounting

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