Q1. Al Walid Company provided following information. Sr.No. Particulars Amount 1 Direct Material Used 57400 2 Direct Labour 289001 3 Factory Rent 29001 4 Office Rent Paid 900 SPlant repair and maintenance 14001 6 Plant Depreciation 16501 7 Factory Heating and lighting 8001 8 Factory Manager Salary 24001 9 Office Salaries 2000 10 Directors Remuneration 19001 11 Telephone and Postage 600 12 Office expenses 500 13 Legal Charges 550 14 Advertisement & Promotion 15 Commission for sales 16 Showroom Rent 17 Sales 1164001 1900 2900 900 a. Prepare a Cost Sheet from for Al Waleed Company (5 Marks) b. Find out revised Prime cost, Factory Cost ,cost of production and profit, if it increased by 10% (2 Mark)