Accounting for Manufacturing Entities, Please help!!

Mr Mekondjo, the owner of Widget Distributors, has in the past imported widgets. However, from 1 January 20×8, he decided to manufacture the widgets himself.

Here is the abridged statement of financial position of Widget Distributors at 31 December 20×7:

Capital – Mekondjo 2 000 Accounts receivable 700
Inventory (1 000 units) 800 Accounts payable 1 000
Bank 1 500

From a scrutiny of vouchers and other documents you find that these transaction
have taken place during the year ended 31 December 20×8:
1. Cash transaction as per the cash book:

Receipts:
Capital introduced by Mr Mekondjo R10 000
Accounts receivable R6 000
Cash sales R2 000

Payments:
Accounts payable R7 000
Drawings- Mr. Mekondjo R2 500
Wages paid to manufacturing staff R3 000
Rent for factory R1 200
Hire of specialised machinery R1 300

2. Amount owing, totalling R3 500 were written off as bad debts.
3. 5 500 units were sold.
4. A royalty of 10 cents per completed unit manufactured during the year is payable in arears on 1 January of the following year.
5. In addition, the following balance at 31 December 20×8 were determined:
*Accounts payable – raw material R3 500
*Accounts receivable – trade debtors R1 200
*Inventory: Finished goods (4 500 units) R?
*Work – in – progress (2 000 units) R?
* Raw material R2 500

6. Inventory is valued at factory cost using the first – in first – out basis. 7. Work – in – progress at 31 December 20×8 was 75% complete in respect of raw material, and 45% complete in respect of direct labour and overheads.

You are required to:
1) Prepare the statement of the cost of goods manufactured for Widget distributors for the year ended 31 December 20×8.

2) Calculate the gross profit of Widget Distributors for the year ended 31 December 20×8.