Alfa Ltd. uses a chemical process to convert a single raw material into three separate products, A, B, and C which are separated at a single split-off point. A and B are ready for sale immediately after split-off point without further processing or any additional costs. Product C is processed further before being sold. During the year ending December 31, the quantities sold and the realisations were:

There were no opening inventories of A, B, and C. Total manufacturing costs for the year were ₹50.50 lakh. Costs after split-off point to process product C were ₹3 lakh. On December 31, the closing stocks were:

Prepare a statement of the ‘cost’ of inventories of A, B, and C. Your presentation should include a summary of the cost of goods sold by product-line and unit costs.

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Product Quantity (M) Sales value lakh) A B C 600 1,700 19.20 34.00 875 14.00