Question

The following details have been obtained from the cost records of RajaSekar Ltd.
Rs.
Stock of raw materials on 15 Dec 2010
75,000
Stock of raw materials on 31 Dec 2010
91,500
Direct Wages
52,500
Indirect Wages
2,750
Sales
2,11,000
Work In Progress 1" Dec 2010
28,000
Work In Progress 31 Dec 2010
35,000
Purchase of raw material
66,000
Factory Rent, Rates and Power
15,000
Depreciation of Plant and Machinery
3,500
Expenses on Purchases
1,500
Carriage outwards
2,500
Advertising
3,500
Office rent and taxes
2,500
Travelers wages and commission
6,500
Stock of Finished Good 19 Dec 2010
54,000
Stock of Finished Good 31st Dec 2010
31.000​

Answer 1

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