The cost records of a company provided following particulars:ItemPrice Rs$./$UnitRaw Material$80$Direct Labour$30$Overheads$60$Selling Price of Finished Product$200$Following extra details are also available:Raw material is in stock for an average period of $1$ month. Average processing period of Materials is $(1)/(2)$ month.Finished stock is in stock for an average period of $1$ month.Credit allowed by suppliers is $1$ month.Credit allowed to customers is $2$ months. Lag in payment of wages is $1(1)/(2)$ weeks.Lag in payment of overhead expenses is $1$ month. $25\%$ of the sales are on cash basisCompany requires cash balance of Rs$.25000$ in hand every month.You are required to prepare a statement showing the working capital requirements for an activity level of $1,04,000$ units of production assuming that the production and overheads accrue evenly throughout the year. A period of $4$ weeks is equal to $1$ month