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what is the entry for rent paid to company, provision for
taxes in your books?,
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Answer Posted / kirti
BY RENT PAID A/C DR.
TO TDS ON RENT A/C CR
TO CASH/BANK A/C CR
| Is This Answer Correct ? | 22 Yes | 6 No |
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For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production
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