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A. Bonika San Bhd (BSB) manulactures smal camping fents. BSB produced 3.000 units during the year. These camping tents sell for RM150 eoch. BSB had

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A. Bonika San Bhd (BSB) manulactures smal camping fents. BSB produced 3.000 units during the year. These camping tents sell for RM150 eoch. BSB had 500 units in finished goods inventory at the beginning of the yeor.At the end of the year there were 800 units in finished goods inventory. The following information was supplied by its accountant: Additional information: Only 70% of the utilities expense and 80% of the insurance expense apply to factory operations. The remaining amounts should be charged to selling and odminitrative octivities. Required: a) Compute prime cost, manufacturing cost and cost of goods manufactured. b) Compute cost of goods soid. (8 marks) c) Prepare an income statement. (2 marks) (5 marks) (Total: 15 Marks)

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