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Indirect wages 1. Following information is taken from the books of Mohsin Company for the month of January 2021. Particulars (OMR) Stock of Material on

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Indirect wages 1. Following information is taken from the books of Mohsin Company for the month of January 2021. Particulars (OMR) Stock of Material on 1 January 2021 75.000 Showroom Rent 500 Expenses on Purchases 1,500 Raw material on 31 January 2021 91.500 Direct Wages 52,500 Factory Rent 15.000 Telephone and Postage 200 Plant depreciation 3.500 2.750 Factory manager's salary 2.000 Office Salaries 1.600 Directors Remuneration 1.500 Purchase 66,000 Printing and Stationary 100 Legal charges 150 Advertisement 1.500 Sales man salaries 2.500 Office Rent 500 Sales 1.80,000 Stock of finished goods on 1" January 2021 $4,000 Stock of finished goods 31" January 2021 31,000 Work in progress on 1 January 2021 28,000 Work in progress on 31 January 2021 35,000 Prepare a cost sheet that shows the following components (a) Prime Cost (b) Factory Cost (c) Cost of Production (d) Cost of Sales

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