Illustration 4 From the following information calculate the total cost of production Direct material $90,000 Direct Labour $32,000 Direct Expenses $9,000 Factory overheads $25,000 Office and administration overheads 18,000 Direct material Direct Labour Direct Expenses A Prime cost Factory overheads B Factory Cost/Work Cost Office and administration overheads C Cost of Production 90000 32000 9000 131,000 25,000 156,000 18000 174,000