15. Following information have been extracted from the records of a factory for the year 2004-05: Sales (30,000 units) Raw materials consumed Direct wages Chargeable expenses- Factory overhead Administration overhead Selling and distribution overhead Opening stock of finished goods (5,000 units) Rs. 6,00,000 2,90,000 70,000 10,000 50% of direct wages 25,000 Re. 1 per unit of sale 42,500 ? Closing stock of finished goods (10,000 units) Prepare a Statement of Cost for the year 2004-05 (Assume that finished goods are sold on the basis of FIFO principle). of production and cost per unit of goods​

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