Khumalo Limited incurred the following costs last month: Sales Revenue RI 800 000 Other income R225 000 Expenses: R420 000 Marketing and selling expenses R270 000 Administrative expenses R150 000 Purchases of raw materials R300 000 Direct labour R405 000 Manufacturing overheads R630 000 Indirect materials R7 500 Indirect labour RISO 000 Utilities, factory R120 000 Property taxes, factory RS4000 Insurance, factory R13 500 Equipment rental, factory RIOS 000 Depreciation R180 000 But some of the goods sold this month were produced in previous months some of the costs listed above were incurred to make goods that were not sold this month. Assume that actual MOH = applied MOH. Therefore cost of goods sold does not equal the sum of the above costs . we need to determine the values of the various inventories. Additional data for Khumalo Limited are given below: Raw materials: Opening raw materials inventory R15 000 Purchases of raw materials R300 000 Closing raw materials inventory R45000 Raw materials used in production R? Work-in-process inventory: Opening work-in-process inventory R60 000 Total manufacturing costs R? Closing work-in-process inventory R90 000 . Cost of goods manufactured (ie finished) R? Finished goods inventory: Opening finished goods inventory R195 000 Cost of goods manufactured (ie finished) R? Closing finished goods inventory R120000 . Cost of goods sold R? Required: 6.1 Prepare a statement of cost of goods manufactured and sold 6.2 Prepare a statement of comprehensive income