The following information regarding the operations of 2001 has been made available from the records of a cosmetic company: Sales Rs. 100,000 Direct Materials used 40,000 Fixed Selling Administration Expenses Rs. 10,000 Direct Labor 15,000 Gross Profit 20,000 Fixed Manufacturing Overheads 20,000 Net Loss 5,000 There are no beginning or ending inventories.
Calculate the following:
• Variable selling and administration expenses
• Contribution margin in rupees
• Variable factory overheads
• Break even point in rupees
• Factory cost of goods sold.