Q # 6

The payroll records of the Uni-lever show payments for labor of Rs. 400,000, of which Rs. 80,000 is indirect labor. Materials requisitions show Rs. 300,000 for materials used, of which Rs. 280,000 represents direct materials. Other manufacturing expenses total Rs. 124,000. Finished goods on hand at the end of the period are stated at cost, Rs. 176,000, of which Rs. 40,000 is direct materials cost. Factory overhead is allocated on the basis of direct labor cost.

Required: Determine the amount of direct labor and the amount of factory overhead in finished goods.