50. J.K. Ltd. which is maintaining Integrated System of accounting paid wages of ₹1,20,000 in an accounting period (30% indirect). If wages charged to production is ₹95,000, then the amount debited to Wages Control Accou

CS Executive · Cost and Management Accounting · PYQS · June 2021
50. J.K. Ltd. which is maintaining Integrated System of accounting paid wages of ₹1,20,000 in an accounting period (30% indirect). If wages charged to production is ₹95,000, then the amount debited to Wages Control Account is:
(A) ₹84,000
(B) ₹36,000
(C) ₹1,20,000
(D) ₹95,000

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cost Accounting System

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic