The accounts of Basudev Manufactures Ltd. for the year ended 31st December 1988 show the following:...

  

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The accounts of Basudev Manufactures Ltd. for the year ended 31st December 1988 show the following: Stock of Material on 1.1.88 Materials Purchased Materials returned to suppliers Direct Labour Direct Expenses Factory Expenses Office & Administrative Expenses Selling & Distribution Expenses Stock of Materials on 31.12.88 Profit Rs. 6,720 1,50,000 2,000 50,000 20,000 15,300 8,000 7,900 7,720 10,000 Find out: (a) Material Consumed (b) Prime Cost (c) Works Cost (d) Cost of Production The accounts of Basudev Manufactures Ltd. for the year ended 31st December 1988 show the following: Stock of Material on 1.1.88 Materials Purchased Materials returned to suppliers Direct Labour Direct Expenses Factory Expenses Office & Administrative Expenses Selling & Distribution Expenses Stock of Materials on 31.12.88 Profit Rs. 6,720 1,50,000 2,000 50,000 20,000 15,300 8,000 7,900 7,720 10,000 Find out: (a) Material Consumed (b) Prime Cost (c) Works Cost (d) Cost of Production

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