Q.8. Cost analysis of Electro Ltd. showed that cost of materials was Tk. 80000 and direct labour cost accounted for 60% of prime cost. Factory overhead was applied at 75% of direct labour cost. During the period, 2900 units were produced of which 2500 units were sold @ rate of Tk. 200 per unit. Administrative and selling expenses were Tk. 35000 Tk. 25000 respectively. Prepare a statement of cost showing total cost of goods sold and profit