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Question 1: During the year ended June 30, 2006. Factory overheads for the year were Rs.380,000. The inventory balances are as follows:

July 1, 2005 - June 30, 2006	Rupees Rupees
Finished goods	90,000	105,000
Work in process	121,000	110,000
Materials	100,000	105,000

Required:

1. Cost Of Goods Manufactured Statement.
2. Cost Of Goods Sold Statement.