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Direct wages Indirect wages Sales The PET Chemicals Co. supplies you the following details from its cost records: $ 75,000 Stock of raw materials on

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Direct wages Indirect wages Sales The PET Chemicals Co. supplies you the following details from its cost records: $ 75,000 Stock of raw materials on 1 September 2012 Stock of raw materials on 30 September 2012 91,500 52,500 2,750 2,00,000 Work-in-progress on 1 September 2012 28,000 Work-in-progress on 30 September 2012 35,000 Purchases of raw materials 66,000 Factory rent, rates and power 15,000 Depreciation of plant and machinery 3,500 Expenses on purchases 1,500 Carriage outward 1,000 Advertising 5,000 Office rent and taxes 2,500 Travellers wages and commission 6,500 Stock of finished goods on 1 September 2012 54,000 Stock of finished goods on 30 September 2012 31,000 Prepare a cost sheet giving the maximum possible break-up of cost and profit

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