P11 A Textbook of Financial Cost and Management Accounting Particulars Total Cost Rs. Cost per Unit Rs. XXX Sample and Free Gifts Bad debts, Debt Collection Expenses Cost of sales (5) Profit/Loss (6) Sales XXX XXX XXX XXX Illustration: 1 From the following particulars, prepare a Cost Sheet showing (1) Cost of Materials Consumed (2) Prime Cost (3) Factory Cost (4) Cost of Production and (5) Profit Rs. Opening stock of raw materials 20,000 Opening stock of work in progress 10,000 Opening stock of finished goods 50,000 Raw materials purchased 5,00,000 3,80,000 Sales for the year 12,00,000 Closing stock of raw materials 75,000 Closing stock of work in progress 15,000 Factory overhead 80,000 50,000 Office and Administrative overhead 60,000 Selling and Distribution expenses 30,000 Direct wages Direct expenses