Question -4 Bombay Manufacturing company submits the following information on 31-3-2019 Particulars/ Rupees Sales for the year 2,75,000 Inventories at the beginning of the year- - Raw Materials 3,000 - Work in Progress 4,000 - Finished Goods 1,10,000 Purchase of materials 65,000 Direct Labour 6,000 Inventories at the end of the year - - Raw Materials 4,000 - Work in Progress 6,000 - Finished Goods 8,000 Other expenses for the year - Selling expenses 27,500 Administrative expenses 13,000 Factory overheads 40,000 Prepare Statement of cost