Manufacturing Exercise 4 January 2022 (Protected View) - Word NUR KHAIRIN ADRIANA BINTI MOHD ALI 35 References Mailings Review View Help Tell me what you want to do Sham 1-1-1-2-1-3-14 15 6 +7-1-8-1-9-110 | 11 | 12 | 13 14 17 File Home Insert Design Layout 4-1-3-1-2-1-1-1 Page 3 of 4 485 words Type here to search QUESTION 3 Syarikat Maju Niaga Sdn Bhd is a medium-sized manufacturing company that operates in Shah Alam. The following information is available for the company for the year ended 31 December 2017: Items Sales Factory supervisor's salary Insurance expense RM 850,000 37,000 50,000 Indirect material Indirect labour 35,000 18,000 Direct labour 220,000 Depreciation 46,000 Utility expenses 11,000 Factory maintenance expenses 8,000 Direct materials purchase 150,000 Administration expenses 15,500 Additional information: i. The balances of inventories are as follows: 1 January 2017 (RM) 31 December 2017 (RM) 25 B e 32C ^ 15:10 08/01/2022 + 100% Manufacturing Exercise 4 January 2022 (Protected View) - Word NUR KHAIRIN ADRIANA BINTI MOHD ALI 35 File Home Insert Design Layout References Mailings Review View Help Tell me what you want to do Sham 4-1-3-1-2-1-1-1 1-1-1-2-1-3-14 15 6 +7-1-8-1-9-110 | 11 | 12 | 13 114 17 Page 3 of 4 485 words Type here to search Direct materials 50,000 70,000 Work in process 80.000 95,000 Finished goods 40,000 43,000 ii. The allocation of expenses for factory and office is as follows: Expenses Factory Office Insurance 80% 20% Depreciation 70% 30% Utility 40% 60% REQUIRED: (a) (b) Prepare the Statement of Cost of Goods Manufactured for the year ended 31 December 2017. Prepare the Statement of Profit or Loss and Other Comprehensive Income for the year ended 31 December 2017 25 B e 15:10 32C ^ 08/01/2022 + 100%