ABC manufactures 10,000 units of tyres.

Raw material on Dec 2018 40,000 Raw material purchased in 2019 90,000 Raw material on Dec 2019 20,000 WIP on Dec 2018 30,000 WIP on Dec 2019 25,000 finished goods stock Dec 2018 30,000 finished goods stock Dec 2019 20,000 Direct expenses 30,000 Direct labour 50,000 factory rent 10,000 factory heating and lighting 15,000 wages paid to repairman 5,000 office rent 20,000 office staff salaries 45,000 salaries paid to salesmen 30,000 showroom expenses 15,000 delivery expenses 10,000 SALES 900,000

QUESTIONS:

1. Prepare a cost sheet for ABC Ltd for the month ending December 2019 by incorporating the above mentioned details.
2. PROVIDE CALCULATION AND ANALYSIS