A manufacturing company submits the following information on 31.03.2013.

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