a. Define management accounting and explain its role in value creation and building successful organizationis. Type your answer here (4 marks) I b. Discuss the three guidelines that help management accountants provide the most value to managers. Type your answer here (3 marks) c. Sunny Ltd had the following account balances for the quarter ended March 31, 2020: Work-in-process inventory (January 1) Work-in-process inventory (March 31) Finished goods inventory (January 1) Finished goods inventory (March 31) Direct materials used Indirect materials used Direct manufacturing labour Indirect manufacturing labour Property taxes on manufacturing plant building Salespersons' company vehicle costs Depreciation of manufacturing equipment Depreciation of office equipment $150,800 $170,900 $560,500 $530,300 $388,200 $85.000 $470.900 $146,900 $29,000 $13.900 $270,100 $130,700 I Miscellaneous plant overhead Plant utilities General office expenses Marketing distribution costs $145,900 $94,800 $312,000 S40,700 Required: Prepare a cost of goods sold schedule for the Quarter (January-March 2020). Type your answer here (8 marks)