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    Cost Accounting

    Uploaded by

    MAk Khan
    The document provides financial information for M/s. Yukon Refrigerator Company for the month of March. It includes: 1) The income statement which shows a net income of Rs. 755,500 for the month. 2) Details of 12,300 units manufactured for the period and sales of 12,400 units. 3) The unit cost of manufacturing was Rs. 401 with a total manufacturing cost of Rs. 4,937,500. 4) The gross profit per unit sold was Rs. 140 and net income per unit sold was Rs. 61. 5) Gross profit as a percentage of sales was 26.1% and net income as a percentage of

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    Cost Accounting

    Uploaded by

    MAk Khan
    82 views5 pages
    The document provides financial information for M/s. Yukon Refrigerator Company for the month of March. It includes: 1) The income statement which shows a net income of Rs. 755,500 for the month. 2) Details of 12,300 units manufactured for the period and sales of 12,400 units. 3) The unit cost of manufacturing was Rs. 401 with a total manufacturing cost of Rs. 4,937,500. 4) The gross profit per unit sold was Rs. 140 and net income per unit sold was Rs. 61. 5) Gross profit as a percentage of sales was 26.1% and net income as a percentage of

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    Solved Manufacturing Statement

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    The document provides financial information for M/s. Yukon Refrigerator Company for the month of March. It includes: 1) The income statement which shows a net income of Rs. 755,500 for the month. 2) Details of 12,300 units manufactured for the period and sales of 12,400 units. 3) The unit cost of manufacturing was Rs. 401 with a total manufacturing cost of Rs. 4,937,500. 4) The gross profit per unit sold was Rs. 140 and net income per unit sold was Rs. 61. 5) Gross profit as a percentage of sales was 26.1% and net income as a percentage of

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    82 views5 pages

    Cost Accounting

    Uploaded by

    MAk Khan
    The document provides financial information for M/s. Yukon Refrigerator Company for the month of March. It includes: 1) The income statement which shows a net income of Rs. 755,500 for the month. 2) Details of 12,300 units manufactured for the period and sales of 12,400 units. 3) The unit cost of manufacturing was Rs. 401 with a total manufacturing cost of Rs. 4,937,500. 4) The gross profit per unit sold was Rs. 140 and net income per unit sold was Rs. 61. 5) Gross profit as a percentage of sales was 26.1% and net income as a percentage of

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 5

    (1)

    Material (Beg) 268,000


    Material Purchase 1,946,700
    Material Available For Use 2,214,700
    Less Material (End) (167,000)
    Direct Labour 2,125,800
    Prime Cost 4,173,500
    Factory Overhead 764,000
    Cost Of Good Manufactured 4,937,500
    Sales 6,634,000
    Finished Good (Beg) 43,000
    Cost Of Goods Availables For sale 4,980,500
    Less Finished Good (end) 200x395 (79,000)
    Cost Of Good Sold 4,901,500
    Gross Profit 1,732,500
    Less Expenses
    General And admisnitrative expense 461,000
    Marketing expenses 516,000 (977,000)
    Net Income 755,500
    (2) Number of Units Manufactured
    Sales units 12,400
    Previous Finished Good (jan) (100)
    Total Manufactured current. 12,300
    (3) Unit Cost of refrigerator Manufactured
    Total Manufactured Cost 4,937,500
    Total Manufactured current. 12,300
    Per Unit Cost 401
    M/s. Yukon Refrigerator Company
    Income Statement For the month ended March 31
    (4) Gross Profit Per Unit Sold
    Gross Profit 1,732,500
    Sales Units 12,400
    G.P Per Unit 140
    (5) Income Per Unit Sold
    Net Income 755,500
    Sales Units 12,400
    Income Per Unit 61
    (6) Gross Profit to Sales
    Gross Profit 1,732,500
    Sales 6,634,000
    Gross Profit to Sales Ratio 0.26115
    (7) Income to Sales
    Income 755,500
    Sales 6,634,000
    Income to Sales Percentage 0.113883
    (8) Break Even Point of Sales
    Fixed Cost
    price per unit
    variable cost per unit
    Fixed Cost (764000x60%) 458400
    Per Unit Cost 401
    Variable Cost(764000x40%) 25
    Break Even In units: 1,216.63
    Break Even Point of Sales in Dollar= Price per Unit Break-even Sales Units
    401x1216.63= 488,384
    x =
    Break Even In units:

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