77. Calculate cost of sales from the following information: Net Works cost : ₹3,00,000 Office & Administration Overheads : ₹1,30,000 Closing stock of WIP : ₹21,000 Opening stock of WIP : ₹11,000 Closing stock of fini
CS Executive · Cost and Management Accounting · PYQS · June 2021
77. Calculate cost of sales from the following information: Net Works cost : ₹3,00,000 Office & Administration Overheads : ₹1,30,000 Closing stock of WIP : ₹21,000 Opening stock of WIP : ₹11,000 Closing stock of finished goods : ₹30,000 There was no opening stock of finished goods. Selling overheads: ₹10,000.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Cost Sheet
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