Q. 3. Prepare a COST SHEET, From the following particulars, prepare a cost statement showing components of Total cost and the Profit for the year ended 31" December, 2018 with 75% on work cost and 36% on prime cost Stock of finished goods 1 January, 2018 Stock of raw materials 1 January, 2018 Purchase of raw materials Carriage inwards Wages Works Manager's salary Factory employees salary Factory rent, Taxes and Insurance Power expenses Other production expenses General expenses Sales for the year Stock of finished goods, 31" December, 2018 Stock of raw materials, 31" December, 2018 S. 12,000 65,000 6,50,000 6,000 8,80,000 35,000 75,000 10,000 13,000 55,000 45,000 10,00,000 30,000 60,000