10-28-2010, 04:52 PM
Ahmad Foods Limited is famous for its food products. The company is engaged in
agricultural as well as industrial activities. It has its own farms where fruits, tomato, etc.,
are produced. These items along with those purchased from the market are used in
manufacturing ketchup, Jams, Jelly and Marmalade.
Compute the business and the agricultural income from the following information for the
year ended on 30th June, 200A
Sales of goods manufactured..........Rs. 11,250,000
Expenses on agriculture.......................1,500,000
Purchases from the market....................2,250,000
Manufacturing expenses ......................1,125,000
Selling expenses.............................750,000
Financial expenses............................375,000
Administrative expenses......................1,275,000
The market value of the goods produced by the company and utilized in manufacturing is
Rs. 3,750,000.
agricultural as well as industrial activities. It has its own farms where fruits, tomato, etc.,
are produced. These items along with those purchased from the market are used in
manufacturing ketchup, Jams, Jelly and Marmalade.
Compute the business and the agricultural income from the following information for the
year ended on 30th June, 200A
Sales of goods manufactured..........Rs. 11,250,000
Expenses on agriculture.......................1,500,000
Purchases from the market....................2,250,000
Manufacturing expenses ......................1,125,000
Selling expenses.............................750,000
Financial expenses............................375,000
Administrative expenses......................1,275,000
The market value of the goods produced by the company and utilized in manufacturing is
Rs. 3,750,000.
