The following information pertains to Job Number 501 undertaken by PCM Limited: Direct Materials 60,000 Direct Wages 50,000 Factory Overheads 60% of…
CA Intermediate · Cost and Management Accounting · PYQS · May 2026
The following information pertains to Job Number 501 undertaken by PCM Limited: Direct Materials 60,000 Direct Wages 50,000 Factory Overheads 60% of Direct Wages Administrative Overheads 25% of Factory Cost Profit percentage on total cost 25% What is the selling price of Job Number 501?
Suggested Answer and Working Notes:
Correct Answer: Option (C)
2,18,750
Topics: Overheads - Absorption Costing Method, Cost Sheet
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