Cost of raw materials on June 1,1998 30,000

Purchase of raw materials during the month 4,50,000

Wages paid 2,30,000

Factory overheads 92,000

Cost of work in progress on June 1, 1998 12,000

Cost of raw materials on June 30, 1998 15,000

Cost of stock of finished goods on June 1, 1998 60,000

Cost of stock of finished goods on June 30, 1998 55,000

Selling and distribution overheads 20,000

Sales 9,00,000

Administration overheads 30,000

Opening stock of raw materials 30,000

Add-- purchase 4,50,000

4,80,000

Less-- closing stock of raw material 15,000

Value of raw materials consumed 4,65,000

Wages 2,30,000

Prime cost 6,59,000

Factory overheads 92,000

7,87,000

Add-- opening stock of work in progress 12,000

Less-- closing stock of work in progress - 12,000

Factory cost 7,99,000

Add-- Administration overhead 30,000

Cost of production of goods manufactured 8,29,000

Add--opening stock of finished goods 60,000

Less-- closing stock of finished goods 55,000 5000

Cost of production of goods sold 8,34,000

Add-- selling and distribution overheads 20000

Cost of sales 8,54,000