The Vardhman Ltd. manufactures one product. A summary of its activities for the year 2008 is given below:

Prepare a cost sheet

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Sales Material inventory 1-1-08 Material inventory 31-12-08 W.I.P. 1-1-08 W.I.P. 31-12-08 Finished goods 1-1-08 Finished goods 31-12-08 Material Purchases Direct Labour Manufacturing overhead Selling expenses General expenses Units 80,000 16,000 34,000 Rs. 8,00,000 40,000 32,000 55,000 72,000 64,000 1,51,265 1,52,000 1,45,000 1,08,000 50,000 40,000