The subject name is cost accounting i want answer correct and plz add the right values

PURCES Cash Question - 29 The following trail balance has been extracted from the books of UEC Company on June 30, 1999 R. Rs. Notes Payable 4,200 50,200 Accounts Payable 11,350 Accounts Receivable 45,500 Taxes Payable 12,000 Notes Receivable 25,000 Rent Payable 15,020 Materials 30,000 Sales 150,000 Work in Process 5,000 Capital Stock 100,000 Finished Goods 15,800 Retained Enrings 48,550 Prepaid Insurance 8,200 Accumulated Depreciation 10,500 Machinery & equipment 100,500 Material purchases 20,500 Direct Labour Cost 18,000 Factory Overhead Cost 19,500 Selling Cost 2,200 Administrative Cost 2.020 342,420 342.420 The following further information are also available Inventories as on June 30, 1999 Material 3,000 Work in Process 2,000 Finished Goods 8,000 There was a debit balance of Rs.1,500, representing the difference between actual factory overhead cost of Rs.19,500 and the factory overhead cost applied to production at the rate of 100% of direct labour cost of Rs.15,000. The variance was analyzed and it was found to be due to an incorrect overhead application rate. This variance is to be charged to the entire production of the period Required: a) Statement of Cost of Goods manufactured and sold on June 30, 1999 at Normal and at Actual b) Profit & Loss statement for the year ended June 30, 1999 30 Rs Petiwala BBNBS,MBA/M.Com Series Chapter 1: Cost of Goods Manufactured & Income Statement c) Balance Sheet as on June 30, 1999 Solution: Try yourself as same as Q - 28 above PURCES Cash Question - 29 The following trail balance has been extracted from the books of UEC Company on June 30, 1999 R. Rs. Notes Payable 4,200 50,200 Accounts Payable 11,350 Accounts Receivable 45,500 Taxes Payable 12,000 Notes Receivable 25,000 Rent Payable 15,020 Materials 30,000 Sales 150,000 Work in Process 5,000 Capital Stock 100,000 Finished Goods 15,800 Retained Enrings 48,550 Prepaid Insurance 8,200 Accumulated Depreciation 10,500 Machinery & equipment 100,500 Material purchases 20,500 Direct Labour Cost 18,000 Factory Overhead Cost 19,500 Selling Cost 2,200 Administrative Cost 2.020 342,420 342.420 The following further information are also available Inventories as on June 30, 1999 Material 3,000 Work in Process 2,000 Finished Goods 8,000 There was a debit balance of Rs.1,500, representing the difference between actual factory overhead cost of Rs.19,500 and the factory overhead cost applied to production at the rate of 100% of direct labour cost of Rs.15,000. The variance was analyzed and it was found to be due to an incorrect overhead application rate. This variance is to be charged to the entire production of the period Required: a) Statement of Cost of Goods manufactured and sold on June 30, 1999 at Normal and at Actual b) Profit & Loss statement for the year ended June 30, 1999 30 Rs Petiwala BBNBS,MBA/M.Com Series Chapter 1: Cost of Goods Manufactured & Income Statement c) Balance Sheet as on June 30, 1999 Solution: Try yourself as same as Q - 28 above