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Ratio of sale of A,B and C is 1:2:4, Ratio of cost of sales of A,B and C is 1:2:4, Ratio of Gross profit of A,B and C is 1:2:4,

GP ratio % on sale of A,B and C is1:1:1, Total sales amt of A,B and C is $70000, What is the amount of cost of sale of C ? Regards.

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Question added by Khan Sohal khan , Associate , State Street Syntel Services Pvt Ltd.
Date Posted: 2014/12/22
Khan Sohal khan
by Khan Sohal khan , Associate , State Street Syntel Services Pvt Ltd.

cost of sale of C is $20000

Adan Waqar
by Adan Waqar , Tax Specialist and Finance Analyst , Gulf Business Machines

Cost of Sales for the Product C would be $32,000

 

Yusuf Dalal
by Yusuf Dalal , General Accountant. , Gmamco Contracting LLC

Cost of Sales for the Product C would be $32,000/- the working of the same is given below :

 

Particulars  A   B   C   Total  Sales         10,000         20,000         40,000     70,000 Cost           8,000         16,000         32,000     56,000 GP Ratio on Sales           2,000           4,000           8,000        8,000 % of Profit on Sales                 20                 20                 20  

ADITYA SHARMA
by ADITYA SHARMA , Manager , DELOITTE AND TOUCHE

the correct answer for this question is $,

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