ABC is a manufacturer. The following balances were extracted from his books on 1 December 2010. Inventories (stocks) 1 January 2010 : Raw materials Work in progress Purchases of raw material Direct factory wages Factory Rent Factory management salaries Office salaries Sundry office expenses Carriage inwards Purchase return Factory heat and light Additional information: Inventories (stock) 31 December 2010: Required: Raw material Work in progress Rs. 16,250 18,780 Rs. 14,700 23,570 75,600 62,140 28,000 31,500 41,600 9,870 2,000 1,000 2,500 Prepare the manufacturing account of ABC for the year ended 31 December 2010. Show clearly the cost of raw materials consumed, prime cost and cost of production.