Example 2 - modified At the 1" of March 200X the entity 'NOT FOR SALE' Ltd had the following balances of chosen accounts: -bank loans 9 000. The cost allocating sheet for March is presented below: Cost / expense Total Manufacturing costs Selling costs 50 Materials and energy used Salaries and wages Other costs by nature TOTAL 7500 3 000 1 500 12 000 5 250 2 250 1 000 8 500 Administrative expenses 2 200 750 400 3 350 100 150 Chosen accounting operations in March: 1. Costs by nature were recorded. 2. The bank informed about calculating interest on loans granted to 'NOT FOR SALE' Ltd. The amount of the interest is 100. 3. 850 units of product "X" were manufactured and taken to the warehouse Manufacturing cost of one unit was calculated at $10. 4. Whole production was sold at $20/unit with deferred payment (invoice). 5. Sold products were delivered to the purchaser. Required: a) Record given accounting operations knowing that: costs are classified as costs by nature. b) Calculate (using accounts) profit or loss for the period according to the cost by nature structure