1. The accounting department of ABC Manufacturing Company Limited provided the following information for January: Purchases Tk 500000, Freight Tk 1000, Indirect Materials used Tk 6000, Direct Labour Tk 48,000, Indirect Labour Tk 12000, Payroll Taxes Tk 6000, Depreciation Tk 4250, Insurance Tk 600, General factory overhead Tk 13170, Indirect Materials Tk 6000. Inventories Material Inventory Work in process inventory Finished goods inventory January 1, 2020 Tk 67650 January 31, 2020 Tk 71650 Tk 87170 Tk 50350 Tk 117150 Tk 34350 Required: Prepare a Cost of Goods Sold Statement for the month of January 2.A computer manufacturer purchases 800 units of a certain component from a supplier. The annual usage is 800units. The order placing cost is Tk. 100 and the cost of carrying one unit for the year is Tk. 4. Required:Compute economic ordering quantity, number of orders and time interval between two orders in a year and totabulate your results (Use tabular method to compute EOQ).