[Model: Simple cost sheet]
A factory produces a standard product. The following information is given to you, from which you are required to prepare a cost sheet for January 2010:
Raw materials consumed
Other direct expenses
Factory overheads: 80% of direct wages
Office overheads: 10% of works cost
Selling and distribution expenses: Rs. 4 per unit sold.
Units produced and sold during the month: 10,000
Also find the selling price per unit so that profit mark-up is uniformly made to yield a profit of 20% of the selling price. There was no stock or work-in-progress either at the beginning or at the end of the period.