Production 11,000 units @ ₹11.50 per unit, Closing Stock of finished Goods 3,000 units. Opening Stock 2,000 units @ ₹14 per unit, Selling and Distribution Expenses 20% of Cost of Sales, Profit @ 25% on Sales. Calculate P

CS Executive · Corporate and Management Accounting · PYQS · December 2020
Production 11,000 units @ ₹11.50 per unit, Closing Stock of finished Goods 3,000 units. Opening Stock 2,000 units @ ₹14 per unit, Selling and Distribution Expenses 20% of Cost of Sales, Profit @ 25% on Sales. Calculate Profit per unit:
(A) 15 per unit
(B) 10 per unit
(C) 5 per unit
(D) None of the above

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Management Accounting

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