Flexible budget for a product as prepare by Anchor Ltd, is given below:

Sales unit 10,000 15,000 20,000

Rs. Rs. Rs.

Sales 800,000 1,200,000 1,600,000

Manufacturing cost:

Variable 300,000 450,000 600,000

Fixed 200,000 200,000 200,000

Total manufacturing cost 500,000 650,000 800,000

Marketing and other expenses:

Variable 200,000 300,000 400,000

Fixed 160,000 160,000 160,000

Total Marketing and other expense 360,000 460,000 560,000

Operating income / (loss) (60,000) 90,000 240,000

Additional information:

• The budget of 20,000 units will be used for allocating the fixed manufacturing cost to units of product.
• At the end of first six months, 12,000 units have been completed and 6,000 units have been sold @ Rs.80 per unit.
• All fixed costs are budgeted and incurred uniformly throughout the year and all costs incurred, coincide with budget.
• The over or under applied fixed manufacturing cost is deferred unit the end of the year.

(Note: Dont write Comma (,) Full stop (.) and any Rs. Signs in Answer just write in number (i.e. 10000, but not Rs.10,000))

REQUIRED:

Calculate the units in Finished Goods closing?