detailed workings please

Question 1 The following information was made available by ABC Manufacturer for the year ended 2016 December 31: CR (S) Inventory at 2016 January 1: Raw Materials Finished goods work-in-progress Purchase of raw materials Carriage of Raw materials Direct factory wages Indirect factory wages Maintenance and Repairs Electricity Sales Bank Receivables Payables Plant and machinery at cost Provision for depreciation on plant and machinery Capital DR (S) 6 000 18 450 16 905 97 500 5250 61 050 22 950 12 675 20 055 450 000 5 000 7 500 14955 213 000 18 000 3 380 486 335 486 335 Additional Information: i. Inventory at 2016 December 31: Raw materials 5 250 Finished goods 25953 Work in progress 14 130 ii. Depreciation is to be calculated on plant and machinery at the rate of 15% using the reducing balance method iii. 1/3 of electricity is to be charged to the factory iv. 2/5 of maintenance and repair cost is to be charged to administrative expenses Prepare: A. (16.5 marks) The Manufacturing Account and Income Statement. A Statement of the financial position of ABC Manufacturer B. (8.5 marks) (Total 25 marks)