Following information has been collected from cost records of Bright Ltd. : Direct material : ₹5,00,000 Direct labour : ₹3,00,000 Factory overheads : 20% of factory cost The amount of factory overheads will be —

CS Executive · Cost and Management Accounting · PYQS · December 2016
Following information has been collected from cost records of Bright Ltd. : Direct material : ₹5,00,000 Direct labour : ₹3,00,000 Factory overheads : 20% of factory cost The amount of factory overheads will be —
(A) ₹1,60,000
(B) ₹2,00,000
(C) ₹1,80,000
(D) ₹1,96,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost Accounting

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