Molelemane $($Pty$)$ Ltd $($Molelemane$)$ is a South African company that manufactures a single product, which is used in a variety of products, in one process. The following information is available for March $2023$: Work$-$in$-$progress $(01$ March $2023)40000$ units Material $100\%$ complete R$410000$ Conversion costs $95\%$ complete R$1200000$ Material issued $(90000$ units$)$ R$2000250$ Conversion costs R$3450000$ Completed units $105000$ Work$-$in$-$progress $(31$ March $2023)15000$ units Material $100\%$ complete Conversion costs $75\%$ complete Additional information: $1.$ Material is added at the beginning of the process. $2.$ Conversion costs are incurred evenly throughout the process. $3.$ Normal spoilage is estimated at $5\%$ of input that reaches the point of spoilage. $4.$ Losses occur at the end of the process. $5.$ Inventory is valued according to the first$-$in$-$first$-$out method. Prepare the following statements for March $2023$: i$.$ Quantity statement ii$.$ Production cost statement