From the following details prepare a statement of equivalent production, a statement of cost and a statement of evaluation:

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Opening WIP 2,000 units Materials (100% complete) Rs. 15,000 Labour (60% complete) Rs. 6,000 Overhead (60% complete) Units introduced into the process Rs. 3,000 8,000 There are 2,000 units in the process and the start of completion is estimated to be: Material 100%; Labour & overheads 50% 8,000 units are transferred to the next process The process costs for the period are: Materials Labour Overheads Rs. 2,00,000 Rs. 1,56,000 Rs. 78,000