Raw materials Work-in-progress Finished goods Stock on 31st October 2012 Raw materials Work-in-progress Finished goods Purchases of raw material for October Factory wages Salaries of supervisors Factory rent Power Sundry factory expenses Office salaries Sundry office expenses Salesmen's salaries Sundry selling expenses Cales equired: Prepare a production cost statement. Prepare a profit statement. KES 40,000 12,000 20,000 KES 35,000 17,000 23,000 250,000 80,000 30,000 10,000 5,000 15,000 13,000 7,000 18,000 6,000 500,000