Production cost of Ask Ltd. a manufacturing company, for the year ending 31^st March, 2011, are as follows:

Particulars

Rs.

Direct wages Direct materials Drawing office salaries and expenses Salary of general manager Advertising display material Wages of dispatch department Salaries and expenses of directors Travelers salaries Depreciation of delivery vans Chargeable expenses Office overhead (5% of works cost) Sales office expenses Salary of sales manager Rent and rates of warehouses Catalogues and price lists Rent and Rates of showrooms Production overheads (10% of prime cost)

60,000 1,20,000 2,000 16,000 8,000 11,000 22,000 13,000 7,000 4,000 9,000 14,000 3,000 6,000 5,000

Draw up a cost statement from the above bearing in mind that goods are sold at a profit of 25% on selling price.