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Quiz No 3

A company started its business in 2021. The following information was available for
January to March 2021 for the company that produced A single product:
Rs.
Selling price per unit 260
Direct materials per unit 70
Direct Labour per unit 40
Fixed factory overhead per month 120000
Variable factory overhead per unit 10
Fixed selling overheads 20000
Variable selling overheads per unit 40
Budgeted activity was expected to be your student ID units each month
Production and sales for each month were as follows:
Jan Feb March
Unit sold your ID your ID-1500 your ID +900
Unit produced your ID your ID+4000 your ID-1800

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