From the following particulars relating to production and sales for the year ended 31st December, 2010 prepare statements of production cost and of cost of goods sold showing inter alia the prime cost an the cost per unit. Also prepare the costing profit and loss account. Raw materials as on 1.1.10 Work-in-progress as on 1.1.10 Finished goods as on 1.1.10(8,000 units ) Raw materials purchased Factory wages Factory expenses Administration expenses Selling expenses Distribution expenses Sale proceeds of finished goods (30,000 units) Raw materials as on 31.12 .10 Work-in-progress as on 31.12.10 Finished goods as on 31.12.10(10,000 units) Rs. 25,000 36,000 1,44,000 (at cost) 2,00,000 2,70,000 1,44,000 90,000 54,000 36,000 9,00,000 45,000 54,000 at cost