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Answer the following questions- Q1. What is Job cost sheet? What are the elements of a job cost sheet? (12. How is Process Costing different from Job costing? 0.3. Given below are two industries, for each industry identify two important risks faced by the companies that compete within that industry. Also described one control that companies could use to reduce the risks that you have identified. a) Banking (example Royal Bank of Canada) b] E commerce (example Amazon) 04. The following information pertains to the most recent quarter at precious production limited Purchases of raw materials 360 000 raw material inventory beginning 40,000 raw material inventory ending 68,000 depreciation factory 168000 insurance factory 20,000 direct labour 240,000 maintenance, factory 120,000 administrative expenses 280000 sales 1800000 utilities, factory 108000 supplies, factory 4000 selling expenses 320,000 indirect labour 260,000 work in process inventory, beginning 28,000 work in process inventory, ending 120,000 finished goods inventory, beginning 40,000 finished goods inventory, ending 160,000 Prepare a schedule of cost of goods manufactured and income statement