The following particulars are related to Job No. 131: Direct material ₹16,000 Direct labour ₹18,000 Direct expenses ₹2,400 Factory overheads are recovered on the basis of 150 percent on direct labour cost and administrat

CS Executive · Cost and Management Accounting · PYQS · December 2018
The following particulars are related to Job No. 131: Direct material ₹16,000 Direct labour ₹18,000 Direct expenses ₹2,400 Factory overheads are recovered on the basis of 150 percent on direct labour cost and administrative overheads at 10 percent on factory cost. The total cost of the job will be:
(A) ₹1,01,000
(B) ₹63,400
(C) ₹69,740
(D) ₹67,100

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Job Costing

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