The following information has been taken from the accounting records of ABC MANUFACTURING COMPANY: Inventories (Jan. 01, 2004) Raw Material . Rs. 27,300 Goods-in-Process Rs. 16,200 Finishes goods . Rs. 24,100 Inventories (Mar. 31, 2004) Items Raw Material Goods-in-Process . Finished Goods Material . 29,050 .... 6,450 ..... 21,750 Labour 2,100 . 13,500 Overhead .. ? . 10,800 TOTAL .. 29,050 . ? 46,050 Data for the three months ended on March 31, 2004 Cost of Good Manufactured . Rs. 4,06,440 Factory Overhead .. Rs. 89,200 The company also paid transportation costs on materials purchased of Rs. 13,850 it received credit of Rs. 8,150 for materials returned to suppliers. Required: (08 Marks) a) On the basis of the above information and the missing data, which can be derived from it, prepare a statement of cost of good manufactured for the three months ended on March 31, 2004. b) (04 Marks) If Finished goods ending increases by Rs. 5000 what affect will be on Net Profit If Finished goods ending decreases by Rs. 5000 what affect will be on Net Profit