From the information given below, prepare 

(i). A statement showing costing profit and loss.

(ii). Another statement reconciling the costing profits with those shown by financial accounts:

The normal output of the factory is 1,00,000 units. Factory expenses of a fixed nature are Rs. 18,000. Office expenses are for all practical purposes constant. Selling and distribution expenses are constant to the extent of Rs. 3,000 and the balance varies with sales. 

Profit and Loss A/c for the Year Ending 31st March, 2007 To Materials consumed To Direct wages To Indirect factory expenses To Office expenses To Selling and distribution expenses To Net profit Rs. 1,05,000 45,000 30,000 9,000 6,000 5,000 2,00,000 By Sales (1,50,000 units) Rs. 2,00,000 2,00,000