Q2 Set up an expense sheet of the accompanying information identifying with the production of Pants:

Number of Pants made during the month 1,000

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Direct materials devoured 20,000

Direct work 8,000

Roundabout work (in processing plant) 2,500

Oversight costs (in processing plant) 1,000

Plant premises lease 1,600

Plant lighting 600

Oil for machines 100

Devaluation of machines 500

Office overheads 8,000

Office pay rates 2,000

Misc. office costs 1,000

Selling and conveyance overheads 6,000

Note: A net revenue of 20% on the all out cost of products is normal on the offer of Pants.