b) The following expenses were incurred for a job during the year ended 31 December 2018 and the price for the job was RM 180,000: RM Direct Materials Direct Wages 30,000 40,000 Chargeable Expenses 10,000 Factory Overheads 20,000 Selling and Distribution Overheads 20,000 Administrative Overheads 30,000 If a similar job being offered in 2019, the percentage of profit on sales for that job will be similar as it was during the year 2018. On the other hand, the materials, wages, and chargeable expenses will be required at RM 50,000, RM 70,000, and RM 20,000 respectively for the job. Regarding the company's overheads, it should be recovered on the following basis while calculating the estimated price: i. Factory overheads are 60% of the prime cost. ii. Administrative overheads are 50% of manufacturing overheads. iii. Selling and distribution overheads are 35% of the selling price. Required: Prepare a Job Costing statement showing the profit earned during the year ended 31 December 2019 (round up your answer to the nearest RM)