2. During the month of January, Firda Corporation, a manufacturing company, purchased raw materials costing RM76,000. The cost of goods manufactured for the month was RM129,000. The beginning balance in the raw materials account was RM26,000 and the ending balance was RM21,000. The beginning balance in the finished goods account was RM52,000 and the ending balance was RM35,000. Required: a. What was the cost of raw materials used in production during January? Show your work. b. What was the cost of goods sold for January? Show your work. (10 MARKS)