Q1] The accounts of M/s Remsons Productions Ltd., manufacturing 10000Mah Power Banks, disclose the following information for the month ending 31st Oct., 2021: Materials used 32,48,000; Direct wages 32,32,000; Factory overhead expenses 329,000 Office and general expenses 345,810. Prepare a Cost Sheet of the manufacture of Power banks and compute the price which the company should quote for the manufacture of a Power bank requiring materials valued at $1,390 and expenditure on productive wages of 3 950, so that the price may yield a profit of 20% on the selling price. For the purpose of price quotation, charge factory overhead as a percentage of direct wages and charge office overhead as a percentage of works cost. [8+12]