Question
The accounts of Z Manufacturing Company for the year ended December, 2012 show the following: Particulars Amount Particulars Amount Factory Office Salaries General Office Salaries
The accounts of Z Manufacturing Company for the year ended December, 2012 show the following:
Particulars | Amount | Particulars | Amount |
Factory Office Salaries General Office Salaries Carriage Outward Carriage on Purchases Bad Debts written off Repair of Plant, Machinery and Tools Rent, Rates, Taxes & Insurance - Factory - Office Sales Stock of Materials - 31st Dec, 2011 - 31st Dec, 2012 Materials Purchased | 6,500 12,600 4,300 7,150 6,500
4,450
8,500 2,000 4,61,100
62,800 48,000 1,85,000 | Travelling Expenses Travelers Salaries & Commission Productive Wages Depreciation Plant, Machinery and Tools Depreciation Furniture Directors fees Gas and Water Factory - Office Managers Salary (3/4 Factory and 1/4 Office) General Expenses Income Tax Dividend | 2,100 7,700 1,26,000
6,500 300 6,000 1,200 400
10,000 3,400 500 1,000 |
Prepare statement giving the following information: Materials Consumed; Prime Cost; Factory Cost; Cost of Production; Total cost; Net Profit.
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