PARTA J&G Electronics design and manufacturer specialized switches for the telecommunications industry. The accounting records of the business reflect the following data at December 31, 2 Inventory 1/1/2018 31/12/2018 Raw Materials $260,000 $230,000 Work in Progress $332 300 $218.800 Finished Goods $1.075 200 $615.000 Other information Sales Revenue $5,765,000 Factory Supplies 45,000 Direct Factory Labor 735,000 Special Design Cost 15,000 Raw Materials Purchased 540,000 Plantanitorial service 52.000 Depreciation: Plant & Equipment 165.000 Total Utilities 550.000 Plant Supervisor's salary 480.000 Property Taxes 300,000 R&D for Graphic Designs 70.500 Total Insurance 160,000 Delivery truck driver's wages 125.000 Depreciation: Delivery truck 52.000 Administrative Wages & Salaries 850.150 Advertising Expenses 1% of Sales Revenue of the tota lities. 70% relates to manufacturing and 30% relates to general and administrative The property taxes should be shared 60%, manufacturing & 40% general administrative costs of the total insurance 75% relates to plant & equipment and 25 relates to administrative costs Required * Calculate the raw material used by J&G Electronics [2 marks) What is the total manufacturing overhead cost incurred by J&G Electronics during the period? marks) c) Determine the prime cost & conversion cost of the product manufactured. (3 marks) de Calculate the cost of goods manufactured for the year by J&G Electronics (4 marks) Prepare an income statement for the year ended December 31, 2018, clearly showing the calculation of Cost of Goods Sold List the non-production overheads in order of sire starting with the largest (6 marka) J&G Electronics manufactured 1,500 switches for the year, what is the factory cost per (2 marks) m a y find before wortels in the towary Page 2