product during the month of January, 2016: Raw Materials purchased Opening Stock of Raw Materials Closing Stock of Raw Materials 7 15,000 4,000 7 5,000 * 9,000 900 hours Direct Labour Cost Machine Hours worked 75 Machine Hour Rate 1,000 20% on Works Cost Carriage Inwards Administrative Overheads Selling Overheads Units produced Opening Stock of Finished Products Units sold 50 P. per unit sold 17,100 2,000 units @ 150 per unt 16,000 units Selling Price per unit You are required to prepare: () Cost Sheet, (ii) a Statement showing Profit for the period.