From the following details prepare a Cost Sheet for the year ended 31.12.2020 10 marks Stock of Materials on (1..1.2020) --Rs.6,720, Materials Purchased - Rs 1,50,000 Materials Returned to suppliers -Rs 2,000, Direct Labour -Rs 50,000; Direct Expenses Rs 20,000; Factory Expenses - Rs 15,300 Administrative Expenses -Rs. 8,000 ; Selling & Distribution Expenses -7,900 ; Stock of Materials on (31.12.2020) Rs 7,720 ; Profit - Rs 10,000
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