Ascertain prime cost from the following data:
|
Rs |
|
|
Direct wages |
50,000 |
|
Chargeable expenses |
5,000 |
|
Opening stock of raw materials |
10,000 |
|
Raw materials bought during the period |
60,000 |
|
Closing stock of raw materials |
20,000 |
|
Carriage inwards |
1,500 |
|
Carriage outwards |
2,000 |
|
Raw materials returned to the supplier |
1,500 |