Problem 9 From the following particulars prepare a cost sheet showing: (a) The value of materials consumed ; (6) Prime cost; (c) Work cost; (d) The total cost of production ; (e) The cost of goods sold ; (f ) The profit on goods sold ; and (g) The net profit for the month. Rs. Stock in hand on 1st April. 1976: Raw materials 25,000 Work-in-progress 8,220 Finished goods 17,360 Stock in hand at 30th April, 1976: Raw materials 26,250 Work-in-progress Finished goods 15,750 21,900 Purchase of raw materials during the month 72,310 Sale of finished goods 17,150 Direct wages 830 Non-productive wages Works expenses Office and Administrative Expenses Selling and Distribution Expenses 9,100 8,340 3,160 4,210