Account Department of the Aqib Khan Co. provides the following data at end of June 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 May 30^th, 2009, 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.

Opening Inventory of Raw material suppose is 6050 and closing inventory is 1.1 times of 6050. Opening Inventory of WIP suppose is 1.25 times of 6050 and closing inventory is 1.15 times of 6050. Opening Inventory of Finish goods suppose is 6050 twice and closing inventory is 2.24 times of 6050.

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