Old mathjax Webview within 5 minutes or else skip please 19 From the following particulars you are required to prepare a monthly cost sheet of a manufacturing company showing cost and profit per 1,000 units of production. Show also in the form of a summary the cost of sales, net profit and sales for the month. The company manufactures only one type of product. The opening stock was valued at the same price per 1,000 units as the production of the month concerned. Materials : Basic raw materials 1,400 tonnes @ Rs. 5 per ton Stores Rs. 5,000 Labour : Direct Rs. 16,000 Indirect Rs. 3,000 Overheads : Works 25% of direct labour Office 10% of works cost Production for the month of November, 2011 10,00,000 units Sales for the month 9,00,000 units @ Rs. 50 per 1,000 units 2,00,000 units Stock at the beginning of the month Stock at the end of the month 3,00,000 units