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Q. yasha & Co. mumbai produce a product. The cost of products is rs. 200 per unit and selling cost is rs. 50 per unit. The profit is rs. 80 per unit. The excise duty is due @ 12.36 % during a month, actual production was 35000 units. The discount are offered to different class of buyers at different rates. The disposal of goods was as follows -

class qty discount @ % sales price
distribute 15000 20
agent 8000 15
super bazaar 7000 10
retail outlet 5000 5
foreign 5000 15

calculate the duty payable

pls help me experts
Replies (2)

actual production is 35000 units and total disposal units are 40000 units !!!!

how can is it solved ???

cost is 200 rs. per unit and selling price of rs. 50 and profit of rs. 80 per unit then selling price is 50+80 - 130 rs. then my query is why such company is selling their product at a price less than cost ???


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