Sakiwa ltd manufacturing company provides to you the following information for the month of January 2010.

STOCKS ON 1^ST January 2018

		Shs
Raw materials		1200,000
Work in progress		240,000
STOCKS ON 31ST January 2010
Raw materials		500,000
Work in progress		130,000
Expenses incurred during the month
Purchases of raw materials for October		3,500,000
Direct labour		1,200,000
Salaries of factory supervisors		400,000
Factory rent Delivery Van expenses	150,000 250,000
Power Advertising cost	140,000 260,000
Office salaries Stationery for the Directors office	190,000 80,000
Sundry office expenses	140,000
Salesmens salaries	460,000
Sundry selling expenses	200,000
Required: Prepare Sakiwa's Cost statement for the Month of January 2018