Management Accounting - A22

Question Opening stock of finished stock was 6,000 units and closing stock was 12,000 units. 96,000 units were produced during the month. The selling expenses are to be charged at Re.1/- per unit. If the cost of production was Rs.14,62,500/-, compute the cost of sales. Correct Answer Rs.15,52,500/Your Answer Rs.15,52,500/