Class 9 & 10 accounting chapter 11_class_2
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The document discusses the costs and revenues of a business that produces 1,000 units of a product. It lists the major expenses to produce the 1,000 units such as materials, labor, rent, etc. totalling around 150,000. The business sells each unit for 10 and earns a 15% profit on total costs. Therefore, the document provides an example calculation of the costs of production and revenues from sales to determine profitability.
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Class 9 & 10 accounting chapter 11_class_2
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