1.

The following is the condensed record of the transactions of PK Industries as on 31st December 2021 relating to special contract completed during the year. Materials bought RS 9,500Materials issued from the stores RS 3,500Wages RS 9,900Direct expenses RS 3,700Works overheads 25% of direct wagesThe Prime cost of PK Industries for the special contract is: a) RS 25,600 b) RS 26,600 c) RS 22,900 d) RS 32,000

Answer»

Correct option: a) RS 25,600



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