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A manufacturing company submits the following information on 03.31.2013. Prepare a cost sheet Sales for the year Inventories as on 1.4.2012 Materials WIP FG Raw

A manufacturing company submits the following information on 03.31.2013.

 
Prepare a cost sheet

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

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