Materials Rs 10,000, labour Rs 2,000 and overheads Rs 1,000 make goods costing how much?
ARs 10,000
BRs 12,000
CRs 11,000
DRs 13,000
Answer & Solution
Correct answer: D. Rs 13,000
Cost is 10,000 + 2,000 + 1,000 = 13,000, the total of purchase and conversion costs.
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