Top 20 Problems on Cost Audit (With Solutions)

Here is a compilation of top twenty numerical problems on Cost Audit with their relevant solutions. Cost Audit: Problem and Solution # 1: The following information is available from the Financial Accounts of a company for the year ended 30th September, 1996: The Statutory Cost accounts records reveal: Direct material.............. Rs. 5, 60, 000. Factory Overhead recovered @ 20% on [...]