A manufacturing organisation has imported four types of materials. The invoice reveals the following data: Import duty, 23 per cent Insurance, 2 per cent Freight and clearing, Rs 30,000 Exchange rate,...

A manufacturing organisation has imported four types of materials. The invoice reveals the following data:

Import duty, 23 per cent

Insurance, 2 per cent

Freight and clearing, Rs 30,000

Exchange rate, US$1 = Rs 40

50 per cent of the materials imported are issued to production center. While determining the value of closing stock, 5 per cent allowance is provided to cover up storage loss. Determine the value of closing stock of each type of materials.