The following extract of costing information relates to commodity A for the year ending 31 December 2012: Carriage inward $ Purchases of raw materials 60,000 Direct wages 50,000 Rent, rates, insurance and works oncost 20,000 1,000 Stock-1 January 2012: Raw materials 10,000 Finished products 2,000 tonnes 8,000 Stock-31 December 2012: Raw materials 11,000 Finished products4,000 Tonnes Work-in-progress1 January 2012 2,400 Work-in-progress31 December 2012 8,000 Cost of factory supervision 4,000 Sales of finished products 1,50,000 Advertising, discount allowed and selling costs were $0.40 per tonne sold. 32,000 tonnes of the commodity were produced during the period. Prepare a Production Statement to ascertain: (a) the cost of the output of the period and the cost per tonne of production; (b) the net profit