A manufacturing company makes a product in two departments and the data below relates to the second department for the month of January 2015. During January 4,000 units were transferred from first department at cost of Rs.150,000. Cost incurred during January in department 2 is as follows: Rupees Material.. 80,000 Direct Wages.. 54,000 Overhead. 45,000 Quantitative data shows the following: Unit transfer to finished goods 3,200 units Work in process ending (100% material and 50% wages and Overhead) 800 units Required: (i) Equivalent Production Statement for January 2015 (ii) Process Account for the month of January 2015