3. From the following information find out the requirements: Beginning Merchandise Inventory $20,000 Sales commission $ 5,890 Direct wage $ 1, 00,000 Other direct Expenses $10% of direct wage Factory Rent $ 11,000 Factory Building depreciation $ 20,000 Office managers salary $ 18,000 Advertising $ 5,900 Purchase discount $800 Supplies $2,800 Sales discount $2,500 Sales [?] Closing Merchandise Inventory $15,000 Merchandise purchased $ 1, 10,000 Purchase returns $ 15,000 Purchase allowance $5,000 Freight in $ 11,000 Freight out $15,000 Requirements (Calculate any five [* (v)profit calculation is must for everyone]) [marks 5] (i) Prime cost (II) Conversion cost (iii)Product cost /manufacturing cost(iV)Cost of sales (v) Net sales and profit (assuming last two digit of your ID) in % (vi) Raw material consumed ** suppose your ID 2019210000047 ,so take 47%. If your last digit is 2019210000001 take last digit 1 and add zero for profit calculation your % of margin would become 10%.

Please solve urgently. Do not make any mistake

[My id is-2020010000016]