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Q3 The records of Flex Assembling Co. for the year finished 31st March, 2013, show the accompanying data : ' Creation compensation 2,50,000 Direct material

Q3 The records of Flex Assembling Co. for the year finished 31st March, 2013, show the accompanying

data :

'

Creation compensation 2,50,000

Direct material utilized 3,18,200

Chargeable costs 30,000

Deals 7,80,000

Drawing office pay rates 10,000

Counting office pay rates 18,800

Money markdown permitted 3,000

Carriage outward 5,400

Terrible obligations discounted 8,500

Lease, rates and duties

(I) Office 4,000

(ii) Works 15,400

Voyaging costs 3,600

Explorers' compensations and bonus 8,500

Deterioration on plant and hardware 6,500

Devaluation on office furniture 1,000

Chiefs' charge 12,000

Gas and water (3/4 Production line, 1/4 Office) 2,800

Administrator's compensation (3/4 Plant, 1/4 Office) 24,000

General costs 4,000

Recruit of crane 5,000

Gifts to magnanimous trust 2,000 Prepare a statement showing(I) Prime Expense (ii) Industrial facility Cost and (iii) Total Expense and (iv) Net Benefit.

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