Don't answer if you don't know and within 10 minutes 10 The following data is related to a manufacturing house for the month of January, 2012 : Rs. Opening stock of finished goods (10,000 units) 90,000 Direct labour 2,10,000 Purchase of raw materials 5,14,200 Factory overhead 100% of direct labour Administrative expenses Re. 1 per unit Selling and distribution overhead 20% of sales Closing stock of finished goods (20,000 units) ? Sales (90,000 units) 13,20,000 You are required to prepare a cost sheet for the month of January, 2012 and ascertain the profit or loss for the period, assuming that sales are made on the principle of First-in First-out