ANSWER ASAP!!!!!!!!!!!!!!!!!!!1

BUKU PRODUCER manufactures books to cater the private universities in Malaysia:. Cost incurred during the year ended 31 December 2020: 500,000 60,000 40,000 150,000 30,000 10,000 703,000 80,000 Building (40% used by office) Building rental Depreciation of building Equipment (20 % used by factory) Depreciation of equipment Depreciation of office furniture Direct Material purchases Factory insurance Indirect material (10% of cost of direct material used) Labour cost (80% direct) Other manufacturing overheads Sales Selling & administrative expense Following are the balance of inventories on 1 January 2020 Raw Material 35,000 Work in process 56,000 Finished Goods 60,000 300,000 55,000 850,000 87,000 31 December 2020 30,000 45,000 70,000 Required: a. Prepare the schedule of cost of goods manufactured for the year ended 31 December 2020. (Note: Show all necessary workings) b. Prepare the schedule of cost of goods sold for the year ended 31 December 2020