Al Nama Garment Manufacturing Company started with a Capital of OMR 400,000 in which loan from Bank was 250,000 OMR. For the year 2018 company has manufactured and Sold 15,000 trousers. The following are the particulars relating to trousers manufactured and sold by them. Opening Cloth in Stock were OMR 40,000 and they purchased additional cloth of OMR 35,000 and paid for transport 5,400. Amount paid to tailors OMR 12,000. They have spent the following expenses on Electricity for Factory OMR 7,000; for Office OMR 5,300, Rent and Insurance for Factory OMR 6,250, for Office OMR 5,250, Total of Managers salary amounting to 25,000 which belongs to 25% for Factory manager and 75% to Office manager and the amount of commission paid to office manager was OMR 1,400, Depreciation were calculated on diminishing balance method for the machineries in the office and factory and the value of depreciation for the Office was OMR 1,200 and Factory was OMR 1,000. Foreman was Paid salary of OMR 900. Once the goods were manufacturing all the finished products were kept in a warehouse for which company has spent OMR 8,000 for its rent. There was Opening balance of finished goods of 13,000 and Closing Balance of Finished goods were 9,500. Work in process Opening 17,000, Work in process closing 13,000. One third of the warehouse was given for rent and the rent received by the company was OMR 4,467. Total trousers manufactured has been sold at OMR 255,000 and in order to make a sales Company has spent on Advertisement OMR 11,200, Sales man salaries OMR 3,800, Show room insurance were OMR 4,730 and Sales Managers Salary of OMR 13,000. Delivery van expenses OMR 5,600. In the Year end Company has invested in shares for OMR 151,288 and Paid Interest on the Bank Loan of OMR 11,555 a. You are required to prepare a Cost Sheet from the relevant information provided in Al Nama Garment Manufacturing Company (6 Marks) b. Al Nama Garment Manufacturing Company was expecting to earn a profit of 45% on Total Cost. You are required to identify from the cost sheet whether the company has earned the profit as per their expectations or not. If not find out the difference in profit which the company has earned and the company has expected. (1 Mark)