ACC11201 Question 2 Made Right Enterprise is a manufacturer of school furniture. Its main product is a desk-chair combination made of metal sheeting and iron piping. The following information was taken from the books for the period January 1 to June 30, 2021. Opening Stock Metal Sheeting 5000 Iron Piping 3.000 Purchases of Both Materials 60 000 Closing Stock Metal Sheeting 8 000 Iron Piping 2000 Carriage Inwards Work-in-progress Jan 1, 2021 Work-in-progress June 30, 2021 Factory Wages Factory Rent Factory Repairs 4 500 1500 1800 20 000 7 000 9.500 8.700 2 100 Factory Supervisor's Salary Factory Power The number of units completed and sold during the period was 1 000. In order to cover administration, selling, and distribution, the practice is to add 20% of the prime cost to the cost of production. The selling price is determined by applying a mark-up of 50% on the total cost A. Prepare the Manufacturing Account for the period ending June 30, 2021, showing Raw Materials Consumed 11 Prime Cost