The following particulars, relating to the financial year 2019-20, have been taken from the books of a Avon Chemical Ltd, manufacturer and seller an industrial chemical mixture:

		Quantity Kg.	Amount Rs.
Stock on 1st March, 2019:
	Raw Materials	800	6,000
	Finished Mixture	600	9,300
	Common items consumed in the factory		3,500
Purchase:
	Raw Materials	20,000	1,60,000
	Common items consumed in the factory		15,600
Sales:
	Finished Mixture	18,300	5,12,400
	Abnormal Factory Scrap	600	6,000
Factory Wages			66,000
Power			18,600
Depreciation of Machinery			9,800
Salaries:
	Factory		8,700
	Office & Administration		9,650
	Marketing Department		4,200
Expenses:
	Direct		6,800
	Office		7,250
	Selling		6,900
Stock on 31st March, 2020:
	Raw Materials	500
	Finished Mixture	2,000
	Factory stores		7,500

The purchase price of raw materials remained unchanged throughout FY 2019-20.

1. Prepare a statement of cost and profit giving proper classification and grouping of costs for managerial decision making for the year 2019-20.
2. Calculate the Conversion Cost.

Please prepare the statement in the following format:

STATEMENT OF COST AND PROFIT FOR THE YEAR 2019-20

Details	QUANTITY (Kg)	TOTAL AMOUNT (RS)	PER UNIT (RS)