م

(a) Calculate Prime Cost, Factory Cost, Cost of P

following particulars:

Hs.

Direct materiale 1,00,000
Direct wages 30,000
Wages of foreman 2,500
Electric power 500
Lighting; Factory 1,600
Office 500
Storekeeper's wages 1,000
011 and water 500
‏:اص7‎ ۶ actory ൭,000
Office 2,500
Repairs and renewals;
Factory plant - 3,500

premises 500
Transfer to reserves 1,000
Discount on shares 500
written off
Dividend 2,000

Depreeiation;
Factory plant
Office premises
Consumable stores
Manager’s aalary
Director's {६९8
Office stationary
Telephone charges
Postage and telegrams
Salesmen’s salaries
Travelling expenses
Advertising
Warehouse charges
5
Carriage outward

Income tax

roduction, Cost of sales and Profit from the

(10)

From the following trial balance of Kavitha Enterprises, Prepare Trading and Profit
and Loss Account for the year ended 31% December 2015 and a Balance Sheet as on

that date :

Capital

Drawings

Stock on 155 January 2015
Purchases

Carriage inwards

Sales

Sundry Debtors

Sundry Creditors

Cash in hand

Cash at bank

Carriage outwards
Salaries

Factory rent

Bills ‏الأ‎ ble

Bills payal

Insurance

Furniture

Machinery

Office rent
Manufacturing wages
Provision for doubtful debts
Manufacturing Expenses
General Expenses

- 1,600

8111,10
23,500
14,300
500
2,200
1,700
16,000
4,000
5,300
4,200
1,200 ⋅
10,000
28,000
2,000
21,500
1,000

1,600
5,400

|

_320,000 2 _೨೩,20,000_

107/2016
17.7.0.]