VRS Ltd is manufacturing DVD players and the following details are provided by it for the year ended 31 March 2010.

Based on above data, prepare a statement showing cost of production. You are required to show separately the amount of manufacturing expenses which enter into the cost of production.

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Rs. Rs. Work-in-progress, 1 April 2009 At prime cost 60,000 Manufacturing expenses 15,000 75,000 Work-in-progress, 31 March 2010 At prime cost 50,000 Manufacturing expenses 10,000 60,000 Stock of raw materials, 1 April 2009 3,00,000 Purchase of raw materials 7,00,000 Direct labour Manufacturing expenses Stock of raw materials, 31 March 2010 1,40,000 90,000 3,20,000