The following are the extracts from the ledger balances of Tran Manufacturing Systems as on March 31, 2022.

	Debit (Rs.)	Credit (Rs.)
Sales		965000
Sales Returns	24000
Discounts & rebates	8000
Material Purchases	360000
Purchase Returns		5600
Freight on Materials purchased	22000
Office appliances	18500
Plant and Machinery	510500
Buildings	300000
Direct Labour	210000
Direct expenses	65000
Factory supervision	12000
Indirect labour	23000
Factory repairs and upkeep	18000
Heat light and power	82000
Rates and taxes	7400
Misc. Expenses factory	28700
Sales commission	42600
Sales travelling	14500
Sales promotion	23500
Distribution dept. salaries & expenses	19000
Office salaries and expenses	18600
Interest on borrowed fund	4000
Dividend income		175000
Bad debts	15000
Inventories:
Raw materials	140000
Work in progress	200000
Finished Goods	80000

Additional Information:

1. On March 31, 2021 the value of the inventories as per the ledger was: Raw materials Rs. 195000; WIP Rs. 186000 and FG Rs. 135000
2. Depreciation to be provided on: Office appliances at 10%; Plant and machinery at 10%; and buildings at 8%
3. Some of the expenses incurred were yet to be accounted and details are

Direct Labour Rs. 16000; Indirect Labour Rs. 2200 and interest on borrowed funds amounted to Rs. 4000.

1. Distribution of common expenseswould be as follows:
   1. Heat, light and power: in the ratio of 7:2:1 to factory, office and sellingand distribution
   2. Rates and taxes: 3/4 to factoryand 1/4 to office
   3. Depreciation on buildings: in the ratio of 7:2:1 to factory, office and sellingand distribution

Prepare a cost sheet of Tran Manufacturing Systems for the year ended 31.03.2022 showing

1. Prime costs
2. Factory Overheads
3. Cost of production
4. Cost of sales

Also, show Profit and Loss as per cost accounts for the above period.