Pretori Industries Pty Ltd (Cost per Unit and Percentage Analysis) Pretori Industries Pty Ltd is a small manufacturing company that does not use a perpetual inventory system. For the month of August, 15,000 units were produced. The following information was provided concerning factory operations for 31 August:

	Amount in $
Work in process, 1/8	9,300.00
Machine maintenance	800.00
Depreciation on machinery	1,500.00
Supervisor’s wages	8,500.00
Wages for machine operators	36,000.00
Rent for the factory	4,000.00
Cleaning costs for the factory	800.00
Purchases of raw materials	70,000.00
Freight inwards on raw materials	1,800.00
Stock of raw materials on hand, 1/8	7,500.00
Stock of raw materials on hand, 31/8	8,600.00
Work in process, 31/8	5,800.00
Accrued wages for machine operators	9,000.00
Electricity	1,200.00

You are required to:

a) Prepare a manufacturing statement for Pretori Industries Pty Ltd for the month of August. Assume that all Direct Materials, Direct Labour, and Factory Overhead are added to the Work in Progress asset account.

b) Calculate the cost per unit for the month for:  Direct materials  Direct labour  Factory overhead

c) Perform a percentage analysis of each element of production based on the cost of production. 

d) Prepare the journal entry to record the transfer of the assets from the Work in Progress (WIP) account for the Cost of Goods Sold - Transfers from WIP account.