P Ltd. is a multi-national company and prepares and presents its financial statements following Indian Accounting Standards as its securities are…

P Ltd. is a multi-national company and prepares and presents its financial statements following Indian Accounting Standards as its securities are listed on National Stock Exchange. P Ltd. has a number of business segments and requires guidance on following matters. (i) Particulars Kg. ₹ Opening Inventory: Finished Goods 1,000 25,000 Raw Materials 1,100 11,000 Purchases 10,000 1,00,000 Labour 76,500 Overheads (Fixed) 75,000 Sales 10,000 2,80,000 Closing Inventory: Raw Materials 900 Finished Goods 1200 (ii) The expected production for the year was 15,000 kg of the finished product. Due to fall in market demand the sales price for the finished goods was 20 per kg and the replacement cost for the raw material was - 9.50 per kg on the closing day. Calculate the closing inventory as on that date. P Ltd has made a security deposit whose details are described below. The market interest rate for a deposit for similar period is 12% per annum. Particulars Details Date of Security Deposit (Starting Date) 1-Apr-20X1 Date of Security Deposit (Finishing Date) 31-Mar-20X6 Description Lease Total Lease Period 5 years Discount rate 12.00% Security deposit 10,00,000 Present value factor at the 5th year 0.567427 Analyze the transactions mentioned above and choose the most appropriate option in the below questions 6 to 10 in line with relevant Ind AS: