Reference no: EM132549194

Following information is compiled for related job:

Week                   Materials                    Labor

                        Qty Rs./ unit             Hours Rs./ hour

01                   50 20                        20.00       40

02                    55 24                       10.00       44

03                      60 22                       15.00       36

Factory overhead is Rs. 36 per labor hour, marketing expense is 25% and administrative expense is 20% of total factory cost. Margin is 50% of total cost.

Required:

Question 1: Prepare Job Order Cost Sheet showing clearly the followings:

1. Total factory cost.
2. Total marketing and administrative expenses. 
3. Profit margin
4. Sales amount.