Intermediate: Preparation of cost accounts from reconciliation statement NIA limited operates a non-integrated accounting system. At the end of April, the financial accountant has produced the final accounts, shown below. Based on these accounts and data supplied by the cost accountant, a reconciliation statement has been prepared, also as shown below.

You are required to prepare the followmg accounts as they would appear in the cost ledger:
(i) raw material stores;
(ii) work in progress;
(iii) finished goods.

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Manufacturing, trading and profit and loss account, for April 1979 () () Raw materials: Opening stock Purchases 60500 320 000 380 500 Closing stock 65000 315500 Direct wages 125000 Production overhead 160000 Work in progress: Opening stock Closing stock 36 700 35 200 () Finished goods: Opening stock Goods manufactured 45 600 602000 647 600 Closing stock 47 600 Gross profit, carried down 1500 602000 () () Cost of goods manufactured carried down 602000 Sales 602 000 () 1 000 000 600 000 400 000 1000000 1 000 000