Net works cost : ₹3,00,000 Administrative overheads : ₹1,00,000 Opening stock of finished goods : nil Closing stock of finished goods : ₹20,000 Selling overheads : ₹10,000 From the above information, the cost of sales wi

CS Executive · Cost and Management Accounting · PYQS · June 2015
Net works cost : ₹3,00,000 Administrative overheads : ₹1,00,000 Opening stock of finished goods : nil Closing stock of finished goods : ₹20,000 Selling overheads : ₹10,000 From the above information, the cost of sales will be —
(A) ₹4,30,000
(B) ₹3,90,000
(C) ₹3,70,000
(D) ₹4,10,000.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost Accounting

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