A manufacturer presents the following details about the various expenses incurred by him:
|
Rs |
|
|
Raw materials consumed |
70,000 |
|
Carriage inwards |
2,000 |
|
Factory rent |
2,400 |
|
Bad debts |
440 |
|
Printing and stationery |
620 |
|
Legal expenses |
350 |
|
Carriage outwards |
1,540 |
|
Indirect material |
560 |
|
Power |
4,600 |
|
Depreciation on furniture |
160 |
|
Postage expenses |
465 |
|
Repairs to plant and machinery |
1,200 |
|
Salespeople’s expenses |
3,400 |
|
Advertising |
500 |
|
Direct wages |
85,000 |
|
General manager’s salary |
36,000 |
|
Factory manager’s salary |
18,000 |
|
Depreciation on plant and machinery |
1,240 |
|
Audit fees |
350 |
Classify the aforementioned expenses under the various elements of cost, showing separately the total expenditure under each element.