From the following details of Greenfield food products for the month of December 2019, prepare a cost sheet statement and find out the total cost and profit for the month of December 2019. Opening stock of Raw Materials $40,000 Raw materials Purchased $160,000 Closing stock of Raw Materials $20,000 Direct wages $80,000 Factory overheads $16,000 Office Overhead 10% of Factory cost $12,000 Selling Overheads Sales $350,000