OPQ Ltd. provides the following data for the quarter ending 30th September 2024:

Particulars	Amount (₹)
Raw Materials	6,00,000
Direct Labour	5,00,000
Manufacturing Overheads	4,00,000
Opening Work-in-Progress	2,00,000
Closing Work-in-Progress	2,50,000

1. PREPARE the manufacturing account.
2. COMPUTE the cost of goods manufactured.
3. ANALYZE the impact on cost of goods manufactured if direct labour cost increases by 8%.
4. EVALUATE the effect of reducing manufacturing overheads by 7%.
5. DISCUSS the importance of cost control in manufacturing operations.