Problem set 2 Q2 ABC manufactures and sells metal shelving. It began operations on Jan 01. Costs incurred for the current year are as follows: DM Rs 1.4 lacs V BL Rs 0.3 lacs V PLANT ENERGY COSTS Rs 0.05 lacs V [ND L Rs 0.1 lacs V Rs 0.16 lacs F [ND other Rs 0.08 lacs V Rs 0.24 lacs P MT DIST and Cust UH Rs 1.2285 lacs V Rs 0.4 lacs F Admn OH Rs 0.5 lacs F Variable manufacturing costs are with respect to units produced; variables IVIDC are wrt to units sold Inventory data: begin Jan 01 and ending Dec 31 DM 0 kg 2000 kg WIP 0 units 0 units PG 0 units ? units Production in the current year was 1 lac units; 2 kg of DM is used to make 1 unit of PG. Revenue were Rs 435800. The PG inventor}: ending is at average unit manufacturing cost for the current year and was R5 20970. Calculate period ending DM inventory cost; period ending PG inventon in units; SP per unit; operating income