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Why do call p&la/cas a P&l a/c ?, why not P{or}L a/c
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Answer Posted / dayanand ramgurwadi.
some times in p & l a/c there may be gross loss but at the
end we may get net profit What i mean in p & L a/c there
may be possibility of both profit and loss.
| Is This Answer Correct ? | 25 Yes | 8 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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