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Theordore Whitmore is a manufacturer of a local assorted fruit juice . The firm had provided the following data for 2023 Prime Cost 550,00 0

Theordore Whitmore is a manufacturer of a local assorted fruit juice . The firm had provided the following data for 2023 Prime Cost 550,00 0 Factory General Expenses 160,00 0 Indirect Material 50,000 Wages [ 80% Indirect, 20% Admin] 150,00 0 Admin Expenses 70,000 Opening Work in Progress 40,000 Closing Work in Progress 65,000 It has been established that the goods produced are marked up by 10% in the factory, How much would be shown as factory profits for the year

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