The following details relating to a factory are available for the month of March 1999:
|
Particulars |
Rs |
|
Rs |
|
|
Materials used: |
Labour used: |
|||
|
In manufacturing |
80,000 |
For production |
25,000 |
|
|
In primary Packing |
20,000 |
For factory supervision |
5,000 |
|
|
In the factory |
2,000 |
Office salaries |
6,000 |
|
|
In the Office |
4,000 |
Salespeople’s salaries |
8,000 |
|
|
In selling |
5,000 |
Expenses: |
||
|
In Secondary packing |
6,000 |
Direct |
2,000 |
|
|
Depreciation: |
Factory |
6,000 |
||
|
Factory |
4,000 |
Office |
4,000 |
|
|
Office |
3,000 |
Selling |
5,000 |
|
|
Distribution vans |
2,000 |
Distribution |
2,000 |
It is customary to fix the selling price by adding 20% to the total cost. Prepare a cost sheet showing the profit for the month.