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### Prepare Cost Sheet

Calculate –

Value of raw materials consumed;

Total cost of production

Cost of goods sold and

The amount of profit from the following particulars

Question 1: Value of Direct Material consume is ..

( ) “60,000”

( ) “51,000”

( ) “70,000”

( ) “55,000”

Question 2: Value of prime cost is

( ) “65,000”

( ) “80,000”

( ) “60,000”

( ) “73,000”

Question 3: Total Factory Overheads expences are ..

( ) “6,700”

( ) “5,000”

( ) “5,700”

( ) “6,000”

Question 4: Total Factory cost or Work Cost is ..

( ) “65,000”

( ) “80,000”

( ) “79,700”

( ) “78,700”

Question 5: Total Office overheads expences are ..

( ) “5,000”

( ) “9,200”

( ) “8,200”

( ) “7,000”

Question 6: Total value of cost of production is

( ) “80,000”

( ) “70,000”

( ) “79,700”

( ) “87,900”

Question 7: Amount of cost of goods sold is .

( ) “88,900”

( ) “80,000”

( ) “86,900”

( ) “79,700”

Question 8: Total Selling & Distribution overheads are

( ) “5,000”

( ) “3,000”

( ) “4,000”

( ) “6,000”

Question 9: Cost of sales is ..

( ) “79,700”

( ) “89,900”

( ) “86,900”

( ) “87,900”

Question 10: “as per the cost sheet, amount of profit is ”

( ) “9,500”

( ) “11,500”

( ) “10,100”

( ) “12,000”