Financial profit and loss account of a manufacturing Company for the year ended 31 March 1998 is as follows:

Rs Rs To material consumed 50,000 By sales 1,24,000 To carriage inwards 34,000 To works expenses 12,000 To direct wages 1,000 To administration expenses 4,500 To selling and distribution expenses 6,500 To debenture interest 1,000 To net profit 15,000 1,24,000 1,24,000 To net profit shown by the cost accounts for the year is Rs 16,270. Upon detailed comparison of the two sets of accounts it is found that:

(a) The amounts charged in the cost accounts in respect of overhead charges are as follows: works overhead charges = Rs 11,500; office overhead charges = Rs 4,590; selling and distribution expenses = Rs 6,640.

(b) No charge has been made in the cost accounts in respect of debenture interest.
Your are required to reconcile the profits shown by the two sets of accounts.