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Find the unit cost of refrigerator manufactured

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Reference no: EM132562499

The records of Bel Cold Refrigerator Company show the following information for the three months ended March 31, 2015.

Materials purchased Rs. 1,946,700

Inventories, January 1, 2015:

Finished goods (100 refrigerator) Rs. 43,000

Materials Rs. 268,000

Director labour Rs. 2,125,800

Factory overhead Rs. 764,000

Marketing expenses Rs. 516,000

General and administrative expenses Rs. 461,000

Sales (12,400 refrigerators) Rs. 66,34,000

Inventories, March 31, 2015:

No unfinished work on hand xxxxxx

Finished goods (200 refrigerators),

cost at Rs. 395 each materials Rs. 167,000

REQUIRED:

Question (1) An income statement for the period.

Question (2) The number of units manufactured.

Question (3) The unit cost of refrigerator manufactured.

Question (4) The gross profit per unit sold.

Question (5) The income per unit sold.

Question (6) The ratio of gross profit to sale.

Reference no: EM132562499

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