The following information was extracted from the books of Daudu Manufacturing company for the year ended 31st December 2012. Stock of goods 1st January 2012...

The following information was extracted from the books of Daudu Manufacturing company for the year ended 31st December 2012.

Stock of goods 1st January 2012:
Raw materials------------------8,000
Finished goods-----------------28,000
Work-in-progress ---------------2,000
Purchases of raw materials---40,000
Carriage inwards------------------1,000
Manufacturing wages-----------100,000
Sales------------------------------- 390,000
Rent--------------------------------  50,000
Factory expenses--------------   60,000
Royalties-------------------------      1500
Stock of goods - 31st December 2012
Raw materials-----------------------6,000
Finished goods---------------------26,000
Work-in-progress------------------1,5000
Depreciation:
Machinery----------------------------7,500
Delivery van------------------------- 1,280
Selling expenses ------------------ 3,000
Discount allowed------------------- 1,500

Additional information:
i. Factory expenses prepaid amounted to D5,000
ii. Selling expenses accrued was D2,500
iii. Rent is apportioned between factory and selling department in the ratio 5:3 respectively.

You are required to prepare Manufacturing, Trading, and Profit and Loss Account for the year ended 31st December 2012.