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QUESTION # 12 The books of Zaria manufacturing company, which is engaged in assembling Radios, show the following information for the six months ended 31st Dec, 1993. Rs. Material Purchases 1032500 Inventories July 1st 1993 Material 250000 Finished Goods (100 Radios) 25000 Direct Labour 1050000 Factory Overhead 470000 Marketing Expenses 284000 General & Admn Expenses 22600V Financial Management & Expenses 72500 Sales ( 12000 Radios) 3600000 Inventories December 31, 1993 Material 150000 Finished Goods ( 500 Radios ? No unfinished work on hand. 1 REQUIRED: An income statement for the period supported by schedules which indicate; a) The number of units manufactured. b) The unit cost of Radio manufactured. c) The Gross profit and Net profit per unit sold. 2