The following information has been obtained from the records of ABC Co. Ltd. For the month of January, 2011:

 

Rs

 Cost of raw materials on 1/01/2011  

30,000

 Purchase of raw materials during the month  

4,50,000

 Wages paid  

2,30,000

 Factory overheads  

92,000

 Cost of work in progress on 1/01/2011  

12,000

 Cost of raw materials on 30 /01/2011  

25,000

 Cost of work in progress on 30 /01/2011  

15,000

 Cost of stock of finished goods on 1 /01/2011  

60,000

 Cost of stock of finished goods on 30 /01/2011  

55,000

 Administration overheads  

30,000

 Selling and distribution overheads  

20,000

 Sales  

9,00,000

Prepare: (i) Cost sheet showing the cost of production of goods manufactured, and (ii) Statement showing the cost of sales and the profit earned.