The production cost of 1,000 units of an article is as follows: Cost ₹ Direct Material 4,00,000 Direct Wages 3,00,000 Fixed and Variable Overheads 2,00,000 The company produced 5,000 units and sold at ₹1,000 per unit and
CS Executive · Cost and Management Accounting · PYQS · December 2018
The production cost of 1,000 units of an article is as follows: Cost ₹ Direct Material 4,00,000 Direct Wages 3,00,000 Fixed and Variable Overheads 2,00,000 The company produced 5,000 units and sold at ₹1,000 per unit and earned a profit of ₹10,00,000. The amount of Variable overhead per unit is:
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cost Concepts
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