From the following particulars, prepare a cost statement:
|
Stock (1 January 2009) |
|
|
Raw materials |
91,500 |
|
Finished goods |
61,200 |
|
Stock (31 December 2009) |
|
|
Raw materials |
1,45,500 |
|
Finished goods |
30,000 |
|
Purchase of raw materials |
75,000 |
|
Work-in-progress |
|
|
On 1 January 2009 |
24,000 |
|
On 31 December 2009 |
27,000 |
|
Sales |
2,85,000 |
|
Direct wages |
61,200 |
|
Factory expenses |
31,500 |
|
Office expenses |
16,200 |
|
Selling expenses |
11,400 |
|
Distribution expenses |
7,500 |
Also calculate the percentage of works expenses to direct wages and the percentage of office expenses to works cost.