1. From the following information for the month of January, prepare a cost sheet to show the following components: (a) Prime Cost, (b) Factory Cost, (c) Cost of Production, (d) Total Cost.

Direct material 57,000

Direct wages 28,500

Factory rent and rates 2,500

Office rent and rates 500

Plant repairs and maintenance 1,000

Plant depreciation 1,250

Factory heating and lighting 400

Factory managers salary 2,000

Office salaries 1,600

Directors remuneration 1,500

Telephone and postage 200

Printing and stationery 100

Legal charges 150

Advertisement 1,500

Salesmens salaries 2,500

Showroom rent 500

Sales 1,16,000