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A manufacturing company submits the following information on 3 1 . 0 3 . 2 0 1 3 . Rs . Rs . Sales for

A manufacturing company submits the following information on 31.03.2013.
Rs. Rs.
Sales for the year 275000
Inventories as on 1.4.2012
Materials 3000
WIP 4000
FG 8000
Raw materials purchased 110000
Direct labour 65000
Chargeable expenses 10000
Inventories as on 31.3.2013
Materials 4000
WIP 6000
FG 7000
Other Expenses:
Factory overheads @ 50% of direct labour
Administration overheads @ 10% of works cost
Selling overheads @ 5% of sales
Prepare a cost sheet

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