Please 100% correct within few minutes or else skip 23 The Tripati Electricals Ltd. manufactures one product. A summary of its activities for 2011 is as follows : Units Rs. 80,000 8,00,000 Sales Material inventory : 40,000 1.1.11 32,000 31.12.11 Work-in-progress inventory : 55,000 1.1.11 72,000 31.12.11 Finished goods : 16,000 64,000 1.1.11 31.12.11 24,000 Material purchases 1,52,000 Direct labour 1,45,000 Manufacturing overheads 1,08,000 Selling expenses 50,000 General and administration expenses 40,000 Prepare a cost sheet showing: (i) The total cost of goods manufactured (finished), the number of units manufactured (finished) and the cost per unit ; and (ii) The cost of goods sold for the year presuming the company uses the LIFO inventory costing method for its finished goods inventory