Arnav Inspat Udyog Ltd. has the following expendiures for the year ended 31st March, 2023: Sl. No. Amount (3) 1 2 Raw materials purchased GST paid on the above purchases @18% (eligible for input tax credit) 3 Freight inward 4 Wages paid to factory workers 0 . 5 6 7 9 8 Amount paid for power & fuel 10 11 12 13 14 118 17 20 21 Particulars 15 Insurance premium paid for: 22 23 Contribution made towards employees' PF & ESIS Production bonus paid to factory workers Royalty paid for production 24 25 26 27 28 29 Amount paid for purchase of moulds and patterns (life is equivalent to two year production) Job charges paid to job workers Stores and spares consumed Depreciation on: 16 Expenses paid for quality control check activities Salary paid to quality control staffs 30 Factory building Office building Plant & machinery Delivery vehicles Research & development cost paid improvement in production process 19 Expense paid for pollution control and engineering & maintenance Expense paid for administration of factory work Salary paid to functional mangers: Salary paid to supervisors Repairs & maintenance paid for: Plant & machinery Sales office building Vehicles used by directors Plant & machinery Factory building Stock of raw materials & WIP Production control Finance & accounts Sales & marketing Salary paid to general manager Packing cost paid for: Primary packing necessary to maintain quality For re-distribution of finished goods Wages of employees engaged in distribution of goods Fee paid to auditors Fee paid legal advisors Fee paid to independent directors Performance bonus paid to sales staffs Value of stock as on 1st April, 2022: Raw materials Work-in-process Finished goods Value of stock as on 31st March, 2023: Raw materials Work-in-process Finished goods 84,000 56,000 1,26,000 86,000 48,000 18,000 19,600 31,200 18,100 36,000 9,60,000 9,18,000 10,12,000 96,000 1,12,000 18,00,000 9,20,000 11,00,000 9,60,000 8,70,000 18,00,000 Amount (3) 10,00,00,000 1,80,00,000 11,20,600 29,20,000 3,60,000 2,90,000 1,72,600 4,62,000 8,96,000 8,12,000 1,12,000 3,52,000 1,26,000 85,600 85,300 19,600 96,200 18,200 26,600 1,18,600 28,90,000 12,56,000 2,08,000 7,20,000 1,80,000 1,20,000 2,20,000 1,80,000 38,20,000 36,30,000 Amount realized by selling of scrap and waste generated during manufacturing process 86,000. From the above data you are requested to prepare statement of cost for Arnav Ispat Udyog Ltd. for the year ended 31st March, 2023, showing (i) Prime cost, (ii) Factory cost, (iii) Cost of production, (iv) Cost of goods sold and (v) Cost of sales.