Following information is given for an order : Materials (direct): ₹25,000 Wages (direct): ₹20,000 Factory overheads: 75% of wages (direct) Sales: ₹85,800 Profit: 10% on cost of production Office overheads are charged as
CS Executive · Cost and Management Accounting · PYQS · June 2016
Following information is given for an order : Materials (direct): ₹25,000 Wages (direct): ₹20,000 Factory overheads: 75% of wages (direct) Sales: ₹85,800 Profit: 10% on cost of production Office overheads are charged as a percentage of factory cost. The amount of office overheads and its percentage to factory cost will be —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Overhead Costing
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