The following information has been taken from the Ledger of Numan Corporation for the year ended on June 30, 2015. Stock of material, June 30 2015 Rs. 15,700 Stock of materials, July 1, 2014 12,000 Material purchased during the year 46,250 Carriage outward 1,075 Carriage inward 1,786 Salaries – Factory 1,625 Salaries – Office 3,150 Discount Expenses 725 Bad debts written off 1,628 Repairs of plant, machineries and tools 1,113 Rent and insurance – Factory 2,125 Rent and insurance – Office 500 Sales 115,275 Travelling Expenses 525 Traveler’s salaries and commission 1,925 Productive wages 31,500 Depreciation of machinery and tools 1,625 Depreciation of office furniture 75 Director’s fees 1,500 Gas, and water – Factory 300 Gas and water – Office 100 Manager’s salary (3/4th factory, 1/4th office) 2,500 General Expenses 850 Calculate Factory Cost for the year ended June 30, 2015.
The following information has been taken from the Ledger of Numan Corporation for the year ended on June 30, 2015.
|
Stock of material, June 30 2015 |
Rs. 15,700 |
|
Stock of materials, July 1, 2014 |
12,000 |
|
Material purchased during the year |
46,250 |
|
Carriage outward |
1,075 |
|
Carriage inward |
1,786 |
|
Salaries – Factory |
1,625 |
|
Salaries – Office |
3,150 |
|
Discount Expenses |
725 |
|
|
1,628 |
|
Repairs of plant, machineries and tools |
1,113 |
|
Rent and insurance – Factory |
2,125 |
|
Rent and insurance – Office |
500 |
|
Sales |
115,275 |
|
Travelling Expenses |
525 |
|
Traveler’s salaries and commission |
1,925 |
|
Productive wages |
31,500 |
|
|
1,625 |
|
Depreciation of office furniture |
75 |
|
Director’s fees |
1,500 |
|
Gas, and water – Factory |
300 |
|
Gas and water – Office |
100 |
|
Manager’s salary (3/4th factory, 1/4th office) |
2,500 |
|
General Expenses |
850 |
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