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Prepare cost sheet from information of east- west ltd

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Reference no: EM132596024

Question 1: Prepare Cost Sheet from the following information of East- West Ltd for the period from July 1 to December 31st, 2013.

Particulars                                                  JUNE-13                       DEC-13

Cost of raw materials                                50,000                       35,000

Cost of work-in-progress                             22,000                      25,000

Cost of stock of finished goods                       70,000                     75,00

Transactions during six months are:

Purchase of raw materials 5, 50,000

Wages paid 34,000

Factory overheads 50,000

Selling and Distribution overheads 16,000

Sales 10, 00,000

Reference no: EM132596024

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