Draw a statement of cost from the following particulars.
|
Opening stock: |
|
|
Materials |
1,00,000 |
|
Work-in-progress |
30,000 |
|
Finished goods |
2,500 |
|
Closing Stock: |
|
|
Materials |
90,000 |
|
Work-in-progress |
25,000 |
|
Finished goods |
7,500 |
|
Materials purchased |
2,50,000 |
|
Direct wages |
75,000 |
|
Manufacturing expenses |
50,000 |
|
Sales |
4,00,000 |
|
Selling and distribution expenses |
10,000 |