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The following information has been taken from the Ledger of Irfan Brothers Sadar Bazar, Karachi for the year ended on June 30, 2015. Stock of

The following information has been taken from the Ledger of Irfan Brothers Sadar Bazar, Karachi for the year ended on June 30, 2015.

Stock of material, June 30 2015

Rs. 15,700

Stock of materials, July 1, 2014

12,000

Material purchased during the year

46,250

Carriage outward

1,075

Carriage inward

1,786

Salaries Factory

1,625

Salaries Office

3,150

Discount Expenses

725

Bad debts written off

1,628

Repairs of plant, machineries and tools

1,113

Rent and insurance Factory

2,125

Rent and insurance Office

500

Sales

115,275

Travelling Expenses

525

Travelers salaries and commission

1,925

Productive wages

31,500

Depreciation of machinery and tools

1,625

Depreciation of office furniture

75

Directors fees

1,500

Gas, and water Factory

300

Gas and water Office

100

Managers salary (3/4th factory, 1/4th office)

2,500

General Expenses

850

Calculate Prime Cost.

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