$ 300 500 Question 3 (12 marks) The following costs relate to one month's activity in Martin Company Indirect materials Rent on factory building Maintenance of factory equipment Direct materials used Utilities on factory Direct labour Selling expense Administrative expense WIP inventory, beginning WIP inventory, ending Finished goods inventory, beginning LFinished goods inventory, ending 50 1,200 250 1,500 500 300 600 800 500 250 Required: (a) Prepare a Schedule of Cost of Goods Manufactured in good form (b) Determine the Cost of Goods Sold