Palm Oil Factory Bhd reported the following information for the accounting year ended 31 March 2001: Beginning Ending RM Raw Materials 49,500 25,700 Work in Process 125,000 95.000 Finished Goods 98,000 75.000 RM The following data had been taken from the accounting records for the period: RM Purchase of direct materials 135,000 Direct labour 125.000 Indirect labour 28,500 Indirect materials 26,000 Depreciation 105,000 Insurance 36,000 Utilities 35,500 Sales 667,000 Additional Information: 1. 69% of the depreciation was for factory and the remaining was for administrative 2 70% of the insurance was for factory and the remaining was for administrative. 3. $% of the utilities was for factory and the remaining was for administrative REQUIRED: (a) Prepare the Statement of Cost of Good Manufactured of Palm Oil Factory Ahd for the year ended 31 March 2021. (8 Marks) (b) Prepare the Statement of Profit or Loss and Other Comprehensive Income of Palm Oi Factory Bhd for the year ended 31 March 2021. (7 Marks)