From the following particulars, you are required to prepare a statement showing

(a) the cost of materials consumed,

(b) prime cost,

(c) works cost,

(d) total cost and

(e) cost of sales and profit

Transcribed Image Text:

Stock of finished goods on 31 December 1993 Stock of raw materials on 31 December 1993 Rs 73,000 35,000 Purchase of raw materials 7,60,000 Productive wages 5,20,000 Stock of finished goods on 31 December 1994 82,500 Stock of raw materials on 31 December 1994 37,500 Sales of finished goods 15,45,800 Works overhead charges Office and general charges 1,30,200 69,700