Q$12.$ The following particulars have been extracted from Cheema Manufacturing Co$.$ Ltd$,$ Calcutta's books for the year ending March $32022$

$\backslash$table$[[,],[,$Is $5700],[$Closing Stock of Raw Materials,$30000],[$Purchases$,108000],[$Drawing office salaries,$7600],[$Counting house salaries,$15000],[$Carriage inwards,$8200],[$Carriage outwards,$5400],[$Bad Debts written off,$2400],[$Repairs of Plant,$10600],[$Rent of factory building,$3500],[$Rent and Taxes of office,$1000],[$Traveling expenses,$3100],[$Commission of sales agent,$8400],[$Production wages,$100000],[$Depreciation on Machinery,$7600],[$Depreciation on office Furniture,$600],[$Auditors fees,$7000],[$Fuel and Power,$1000],[$Gas and water charges for office,$300],[$General charges,$5000],[$Manager$\text{'}$s salary,$12000]]$

Assume that all the products manufactured are sold, and assess the selling price to obtain a profit of $20$ per cent on cost price through preparing a cost sheet.