ACCOUNTANT
291 Points
Joined December 2012
Dear Sir,
Please solve this problem urgently plz plz plz.....
Indira Industries, Pune produces a product the cost of production is Rs. 450/- per unit, selling cost is 90/- per unit and profit is 50/- per unit. the excise duty is due @ 12.36%
during a month, the actual production was 90000 units. the discounts are offered to different class of buyers at varying rates. the disposal of goods was as follows.
class Quantity Discount % of sales price
Distributor 40000 20%
Agent 16000 16%
Super Bazar 8000 10%
Retail Outlet 14000 5%
Foreigner 4000 15%
Calculate duty payable
I hopes you will solve this sum urgent basis ...
Thank you
Regards
VIJAY