3 JLLUSTRATION 3 Following information has been obtained from the records of LeftCentre Corporation for the period from January 1 to June 30, 2018 2018 $ On January 1 2018 $ On June 30 Cost of raw materials $30000 25,000 Cost of work-in-progress 12,000 15,000 60,000 55,000 Cost of stock of finished goods Transactions during six months are : Purchases of raw materials Wages paid 4,50,000 2,30,000Administration overheads 2,30,000 Selling and Distribution overheads 92,000 Sales 30,000 20000 Factory overheads 9,00,000 Prepare Statement of Cost and Profit showing various divisions of cost