From the following information work out: (a) Prime cost (b) Production cost (c) Total cost. Wages and

From the following information work out:

(a) Prime cost

(b) Production cost

(c) Total cost.

Transcribed Image Text:

Wages and salaries of employees: In factory (60 per cent is directly concerned with units being manufactured) In salesforce In administration Carriage costs: On raw materials brought into the firm On finished goods delivered to customers Rent and rates: Of factory block Of sales department and showrooms Of administrative block Travelling expenses: Sales staff Administrative staff Factory workers not connected directly with production Raw materials: Stock at start of period Bought in the period Stock at close of the period Royalties: payable per unit of production E 4,900 1,000 1,100 3,400 300 200 £ 150,000 15,000 26,000 1,800 1,100 7,000 3,900 11,400 209,000 15,600 400