Question 1 The following data relates to the manufacture of a standard product during the month of April, 20X8: 1,80,000 Raw materials Direct wages 90,000 Machine hours worked (hours) 10,000 Machine hour rate (per hour) 8 Administration overheads 35,000 Selling overheads (per unit) 5 Units produced 4,000 Units sold 3,600 Selling price per unit 125 You are required to prepare a cost sheet in respect of the above showing: (i) Cost per unit (ii) Profit for the month