Account Department of the Aqib Khan Co. provides the following data at end of may 2017, you are required to prepare Cost of Goods Manufactured; Cost of Goods Sold; find out Gross Profit / Loss & Net profit / Loss and Per Unit Manufacturing Cost at the Year ended june 30^th, 2017, assuming that Net Sales of Rs. 72,000, Marketing Expense 5%, Advertising Expense 1 % and Other Expense 3% of Net Sales; Net Purchases Rs. 36,000 and Direct Expenses are 1 % of Net Purchases; FOH 2/3 of Direct Labor. Units are produced during the period was 5,000. Assume Gross profit 33-1/3% of sales.

Opening Inventory of Raw material 4002 and closing inventory 1.1 times of 4002 . Opening Inventory of WIP is 5002.5 and closing inventory 1.15 times of 4002. Opening Inventory of Finish goods 4002 twice and closing inventory 2.24 times of 4002

find direct labor using reverse working.