2. (a) From the following particulars, you are required process a statement showing (i) The cost of materials used; (ii) the production cost; (iii)Total cost; (iv) the percentage of manufacturing overhead to wages; (v) the percentage of administration & selling overhead to production cost. Particulars Stock of raw materials on 1-01-2018 Stock of finished goods on 1-01-2018 Purchases of raw materials Direct wages Sale of finished goods Stock of raw materials 31-12-2018 Stock of finished goods 31-12-2018 Manufacturing overhead Administrative & selling overhead Tk. 12,800 28,000 2,92,000 1,98,800 5,92,000 13,600 30,000 43,736 88,956 (b) The company is about to send a tender for the supply of certain machinery. It is estimated that the materials required cost of Tk.20,000 and direct wages would be Tk. 12,000. The tender is to be made a net profit of 25% on the selling price. Show what the amount of the tender would be if based on the above percentages (percentages that you compute from the give data).