Cost of sales
This query is : Resolved
13 April 2019
Calculate cost of sales from the following:
Net Works cost: Rs 2,00,000
Office & Administration
Overheads: Rs 1,00,000
Opening Stock of WIP : Rs 10,000
Closing Stock of WIP : Rs 20,000
Closing Stock of finished
goods:Rs 30,000
There was no opening stock of finished
goods
Selling overheads Rs 10,000
a) Rs 2,70,000 b) Rs 2,80,000
c) Rs 3,00,000 d) Rs 3,20,000
Net Works cost: Rs 2,00,000
Office & Administration
Overheads: Rs 1,00,000
Opening Stock of WIP : Rs 10,000
Closing Stock of WIP : Rs 20,000
Closing Stock of finished
goods:Rs 30,000
There was no opening stock of finished
goods
Selling overheads Rs 10,000
a) Rs 2,70,000 b) Rs 2,80,000
c) Rs 3,00,000 d) Rs 3,20,000
14 April 2019
the cost of selling is 270000
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