Mestitahu Sdn Bhd manufactures stationeries products. The company's financial controller resigned a month ago. Ben, a new assistant in the financial controller's office prepared the income statement below for the month ended 31^st October 2016. Ben has had little experience in manufacturing operations. The president has asked you to check over the income statement and make a recommendation. Inventory balances at the beginning and end of the month of October 2016 were as follows: Required: In reference to the income statement above, identify and list down the product cost and the period cost, if any. Write down the amount for each product cost and/or period cost identified. Prepare a schedule of cost of goods manufactured for October 2016. Prepare a new income statement for October 2016. Based on your statements prepared in (b) and (c) above, would you recommend Mestitahu Sdn Bhd to continue its business operations? Briery explain