Following information is available regarding an organization:Direct material purchased: ₹ 1,50,000Direct material consumed: ₹ 80,000Direct labour: ₹ 50,000Direct expenses: ₹ 30,000Manufacturing overheads: ₹ 20,000The prime cost for the organization is –

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Following information is available regarding an organization:<br />Direct material purchased: ₹ 1,50,000<br />Direct material consumed: ₹ 80,000<br />Direct labour: ₹ 50,000<br />Direct expenses: ₹ 30,000<br />Manufacturing overheads: ₹ 20,000<br />The prime cost for the organization is –