illustration 4 Calculate Prime Cost, Factory Cost, Cost of Production, Cost of Sales and profit from the following particulars: Rs. Direct Materials 100,000 Direct Wages 30,000 Wages of Foreman 2.500 Electric power 500 Lighting: Factory 1,500 Office 500 Storekeeper's wages 1,000 Oil and water 500 Rent: Factory 5,000 Office 2,500 Repairs and Renewals: Office 500 Factory plant 3,500 Transfer to Reserves 1,000 Consumable stores Manager's Salary Directors' fees Office Stationery Telephone Charges Postage and Telegrams Salesmen's salary Travelling expenses Advertising Warehouse charges Sales Carriage outward Dividend Rs 2,500 5,000 1,250 500 125 250 1,250 500 1,250 500 189,500 375 2,000 Discount on shares written off Depreciation: Factory Plant Office Premises 500 500 1,250