The following information for the year ended 31st December, 2008 is obtained from the books and records of a factory:

Factory overheads are 80% of wages. Office overheads are 25% of factory cost and selling distribution overheads are 10% of cost of production. 

The complete jobs realised Rs. 4,10,000. Write up: 

(i). Work-in-progress Ledger Control Account 

(ii). Completed Job Ledger Control Account;

(iii). Cost of Sales Account.

Transcribed Image Text:

Raw material supplied from stores Wages Chargeable expenses Materials returned to stores Completed Jobs Rs. 88,000 1,00,000 10,000 1,000 W.I.P. Rs. 32,000 40,000 4,000