Question
ABC Ltd. incurs direct material cost ₹8,00,000, direct labour ₹5,00,000, and factory overheads 60% of direct labour. Administration overheads are ₹3,00,000 and selling & distribution overheads ₹2,00,000. The company sells 10,000 units at ₹250 each. Prepare a cost sheet and find the profit.
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