Materials consumed ₹6,000 Wages paid ₹9,000 Works on cost 50% on wages Office on cost 20% on works cost Selling on cost 10% on works cost Profit 20% on cost If so, the selling price is : (A) ₹30,420 (B) ₹30,300 (C) ₹32,6
CS Executive · Cost and Management Accounting · PYQS · December 2017
Materials consumed ₹6,000 Wages paid ₹9,000 Works on cost 50% on wages Office on cost 20% on works cost Selling on cost 10% on works cost Profit 20% on cost If so, the selling price is : (A) ₹30,420 (B) ₹30,300 (C) ₹32,640 (D) ₹31,220
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Cost Sheet
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