You are provided with the following information for Watamu Ltd

1 January 2019 31 December 2019

Stock of raw materials

39,000

45,000

Stock of WIP

12,400

9,600

Stock of finished goods

57,200

64,000

Purchase of raw materials - 320,000

Direct labour - 180,000

Production overheads 100,000

Administrative overheads 80,000

Selling & distribution costs 60,000

Determine the prime cost for the company