construct a raw materials general ledger using the information below

ATTACHMENT A - NFORMATION FOR THE INVENTORY GENERAL LEDGER ACCOUNTS - Wells Gray project 2023 1. General details Welts Gray requested for a specific grain of wood caled 'Siver Grain Moranti' to be cut into wooden boards and installed across an opeoplan office space to accommodate staff members. To accommodate this request. Panda Flooning converted existing bamboo boards using dyes and staining techniques to meet flooring specifcatons requested by Wolls Grey. Panda Flooring applied a mark-up of 25% on cost for this preject. The raw materials general ledger account includes information related to the bamboo boards and paint (see point 3.4). 4 2. Actual level of production Given the nature of the project, Panda Flooring only manufactured enough boards to meet the project demands. There was no work-hn-progress or finished goods at 31 March 2023. 3. Details on 'Silver Grain Moranti 3.1 Opening balance as at 1 April 2022 The opening balance of raw materials - Bamboo boards comprise the following: - Batch 1:43 m2 of bamboo board at R2 133 per m2 - Batch 2:45 m2 of bamboo board purchased at R2 195 per m2 As it reiates to batch 2, a 3% settlement discount was offered to Panda Flooring if payment is made within 10 days of the invoice date. Panda Flooning has a 30 day payment cycle from invoice date to minimise significant cash-flow movements and has not deviated from this practice. 3.2 Purchases On 23 February 2023, an additional 15m2 bamboo board was purchased at a cost of R2200 per m2. This bamboo is imported from China and non-refundable import duties is calculated at 5% of the cost per square-meter, Payment was made on 22 March 2023. 3.3 Stock-eount - raw materials A stock-count conducted at the end of FY2023 identifed 30m2 of wooden boards damaged by a leak in the factory. These boards were not painted. The boards can be repaired at a cost of R915 per board. 3.4 Silver Grain Morant Wood - painting of bamboo boards To meet the specifications of the Wells Gray project. Panda Flooring purchased and paid for speciality paint to stain the bamboo flooring boards. The cost of the paint was R17 500 for a 20 litre paint drum and 12,75 litres was used to stain the boards. it is highly unlikely that the paint could be used for another project or sold to another company. The high viscosity of the speciality paint resulted in abnormal wastage in FY2023 amounting to R1000. At the end of FY2023, 5 litres of paint remained on-hand