Calculate the Working Capital requirement for a manufacturing Firm forthe Level of activity of 80,000 Units. You may assume that production iscarried on evenly throughout the year and Wages & Overhead expensesaccrue similarly and a time period of 4 weeks is equivalent to a month.Description Amount (Rs.) Other Information(Per Unit)Raw materials 45 • Raw materials in stock: Two weeks• Materials in Process: One week• Finished Goods in stock: Two weeks• Credit allowed by Suppliers: Half Month.• Credit allowed to Customers: 4 weeks.• Overheads Two weeksDirect labor 20Overheads 37.5Total Cost 102.5Profit 22.5Selling price 125Cask at Bank is expected to be Rs. 40,000. Also 80% of the sales arecredit sales for the firm. Any other data if required may be assumed.