(b) SR Limited is a manufacturing company and engaged in the production of Finished goods 'MP' for which Raw material 'RP' is required. The company provides following information for the year ended March 31st 2025: Particulars Units ₹ Opening Inventory: Finished Goods 'MP' 4,000 1,20,000 Raw Material 'RP' 4,400 52,800 Purchase of RP 40,000 4,80,000 Labour — 3,23,200 Overheads (Fixed) — 3,15,000 Sales 40,200 11,20,000 Closing Inventory: Finished Goods 'MP' 4,200 — Raw Material 'RP' 4,000 — The expected production for the year was 45,000 units of the MP. Due to fall in market demand, the sales price for the MP was ₹ 22 per unit and the replacement cost for the RP was ₹ 11.50 per unit on the closing day. You are required to calculate the value of Closing Stock of 'MP' and 'RP' as on 31st March 2025.